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KelpDAO sues LayerZero, CEO over $292M rsETH bridge exploit

2 outlets - including Coindesk and Cointelegraph - are covering this story. The cross-chain lending protocol accused LayerZero and its co-founder Brian Pellegrino of failing to disclose weaknesses in their protocol, which led to the $292 million hack.
Covered by 2 outlets
All coverage · 2 articles
CoinDesk
·1h ago
KelpDAO sues LayerZero for the largest exploit 2026 has seen so far
The cross-chain lending protocol accused LayerZero and its co-founder Brian Pellegrino of failing to disclose weaknesses in their protocol, which led to the $292 million hack.
Cointelegraph
·1h ago
KelpDAO sues LayerZero, CEO over $292M rsETH bridge exploit
KelpDAO says LayerZero endorsed its bridge setup before the attack, while CEO Bryan Pellegrino has dismissed the lawsuit as meritless.