Regulation· ★★★· neutral·

Evercrest Files BC Civil Claim Against LayerZero and CEO Pellegrino

  • —Claim filed Sept. 24 in British Columbia court
  • —Defendants are LayerZero and CEO Bryan Pellegrino
  • —Pellegrino linked the plaintiff Evercrest to KelpDAO
  • —CEO called the claim meritless and vowed to defend himself
Why it matters: Legal pressure on LayerZero could weigh on the reputation of a key cross-chain infrastructure provider and its partners.
Source: The Defiant