KelpDAO Developer Sues LayerZero, CEO Over $292M Exploit and Blame-Shifting
Key Highlights Evercrest Technologies, developer of KelpDAO, filed a lawsuit on September 24 against LayerZero Labs, its Canadian entity, and CEO Bryan Pellegrino over the April 2026 rsETH bridge exploit that caused approximately $292 million in losses. The complaint alleges the exploit stemmed from a compromised LayerZero developer device, poisoned RPC data, and a 1-of-1 ...