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

Josh1 min read

KelpDAO lawsuit tweet.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. The money moved in one […]

Source: https://news.bitcoin.com/regulation-and-legal/kelpdao-takes-layerzero-to-court-over-a-292m-bridge-blowup/

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