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NEWSSEP 25, 2026
KelpDAO Takes LayerZero to Court Over $292 Million rsETH Bridge Exploit
KelpDAO has filed a civil lawsuit against LayerZero and co-founder Bryan Pellegrino, alleging undisclosed weaknesses in the cross-chain protocol enabled a major rsETH exploit. Pellegrino called the claim meritless and said he will defend himself and LayerZero in a British Columbia court.