Security· ★★★★· bearish·

KelpDAO Sues LayerZero CEO Bryan Pellegrino Over $292 Million rsETH Exploit

  • —Claim filed in the Supreme Court of British Columbia against LayerZero Labs and Bryan Pellegrino
  • —Allegations include negligent misrepresentation, negligence and defamation
  • —KelpDAO says LayerZero endorsed the 1-of-1 DVN configuration used by the rsETH bridge
  • —Pellegrino rejected the allegations and said he will defend himself in court
Why it matters: The dispute over one of the year's largest bridge exploits moves to court, potentially setting liability standards for cross-chain infrastructure.
Source: CoinCodex