KelpDAO Sues LayerZero Over $292M rsETH Bridge Exploit

11 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$292M

bridge exploit losses

$ETH

$2,678

-0.1%

Evercrest Technologies, the company behind KelpDAO, has filed a civil claim against LayerZero entities and co-founder Bryan Pellegrino. The lawsuit concerns the April exploit that drained 116,500 rsETH, worth about $292 million at the…