KelpDAO Sues LayerZero Over $292 Million rsETH Exploit, Claims Bridge Risks Were Not Disclosed

T2Covered by 1 source · first reported by Gadgets360 (NDTV) via FeedBurner at 25 Sept, 12:21 UTC

KelpDAO has filed a civil claim in British Columbia against LayerZero and co-founder Bryan Pellegrino over an April attack that resulted in the loss of 116,500 rsETH worth about $292 million (roughly Rs. 2,797 crore). KelpDAO alleges LayerZero failed to disclose risks linked to the bridge’s…