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altcoinSep 25, 2026AI summary

KelpDAO Developer Sues LayerZero Over $292M Bridge Exploit

Evercrest alleges LayerZero repeatedly signed off on a single-verifier setup in writing while warning another developer about that configuration.

KelpDAO Developer Sues LayerZero Over $292M Bridge Exploit

Evercrest, the developer behind KelpDAO, has sued LayerZero in a dispute tied to a $292 million bridge exploit, according to Decrypt.

The developer alleges that LayerZero gave written approval for a configuration relying on a single verifier on multiple occasions.

Evercrest also claims LayerZero subsequently warned a separate developer about the same setup. The allegations place LayerZero’s guidance on the verifier configuration at the center of the dispute.

Source: Decrypt

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