Security
KelpDAO’s lawsuit against LayerZero targets $292 million rsETH exploit
The Cryptonomist·September 25, 2026·1 min read
KelpDAO filed a lawsuit against LayerZero and co-founder Bryan Pellegrino in British Columbia, seeking accountability for the April exploit that drained roughly $292 million in rsETH from Kelp's cross-chain bridge. The dispute, simmering for months in public statements and technical reports, has now escalated into a formal courtroom fight.
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