Security
KelpDAO sues LayerZero, claims it endorsed setup used in $292 million rsETH exploit
The Block·September 25, 2026·1 min read
KelpDAO sued LayerZero and Bryan Pellegrino over the April 18 rsETH exploit, alleging the bridge setup was endorsed in writing. The lawsuit claims LayerZero's endorsement contributed to the $292 million loss. KelpDAO seeks accountability for the security failure that drained funds from its cross-chain lending protocol.
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