KelpDAO Sues LayerZero and CEO Over $292M rsETH Bridge Exploit
KelpDAO alleges LayerZero endorsed its bridge configuration before a $292 million exploit, while CEO Bryan Pellegrino rejects the lawsuit's merits.
KelpDAO has filed a lawsuit against LayerZero and its CEO, Bryan Pellegrino, over a $292 million exploit involving the rsETH bridge, according to Cointelegraph.
KelpDAO claims LayerZero had approved the bridge configuration before the attack. That allegation concerns LayerZero’s role in the setup used when the exploit occurred.
Pellegrino has rejected the lawsuit as lacking merit, disputing KelpDAO’s case against him and the company.
Source: Cointelegraph
