A month after U.S. regulators brought a lawsuit against cryptocurrency exchange Kraken in 2023, the exchange’s auditors quit, according to court records. Now Kraken’s parent company is suing its former auditors at Mazars USA for $22 million.

The lawsuit follows a confidential arbitration in which the arbitrator, a retired judge, awarded Kraken $22 million, according to redacted copies of his decisions filed in Kraken’s lawsuit. One of his rulings noted that Mazars’ withdrawal created “a licensing crisis” for Kraken, affecting the exchange’s effort to obtain state money transmitter licenses. The arbitrator awarded Kraken damages connected to its purchase of TradeStation Crypto, an investment…