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KelpDAO Sues LayerZero and CEO Bryan Pellegrino Over $292M Hack

• KelpDAO has filed a lawsuit against LayerZero and co-founder Bryan Pellegrino, alleging security failures that led to a $292 million exploit of its rsETH token.
• The lawsuit claims LayerZero failed to disclose vulnerabilities in its technology and improperly blamed KelpDAO for the incident, despite endorsing its deployment.
• LayerZero's CEO Pellegrino stated the claim is meritless and expressed readiness to defend against the lawsuit in Vancouver.

https://cryptopotato.com/kelpdao-sues-layerzero-and-ceo-bryan-pellegrino-over-292m-hack/
CryptoPotato KelpDAO Sues LayerZero and CEO Bryan Pellegrino Over $292M Hack Pellegrino rejected the civil claim, calling it meritless and saying that he would defend himself in Vancouver courts.
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