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KelpDAO Takes Layerzero to Court Over a $292M Bridge Blowup

Five months after attackers tricked a Layerzero-powered bridge into releasing 116,500 rsETH worth about $292 million without a matching burn, the fight over who was responsible has landed in court. Evercrest Technologies, the company behind KelpDAO, filed a civil claim in British Columbia against Layerzero Labs and CEO Bryan Pellegrino.

Jamie RedmanBitcoin.com · September 25, 2026 · 1h ago

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