Security
KelpDAO sues LayerZero, CEO over $292M rsETH bridge exploit
Cointelegraph·September 25, 2026·1 min read
KelpDAO says LayerZero endorsed its bridge setup before the attack, while CEO Bryan Pellegrino has dismissed the lawsuit as meritless. The $292 million rsETH bridge exploit on April 18 prompted the legal action. KelpDAO alleges endorsement led to the vulnerability, but Pellegrino disputes the claims.
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