⚠️ LayerZero Sued Over $292M rsETH Bridge Exploit

Crypto Drop Club, @drop_cryptogo

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⚠️ LayerZero Sued Over $292M rsETH Bridge Exploit KelpDAO's parent company Evercrest Technologies has filed a lawsuit against LayerZero over the April 18 rsETH bridge exploit, escalating a dispute over who bears responsibility for the attack. Evercrest alleges that security failures in LayerZero's infrastructure allowed attackers to steal 116,500 rsETH — worth approximately $292 million at the time of the incident. The company also contests LayerZero's public statements that blamed KelpDAO's own bridge configuration for the exploit. LayerZero co-founder Bryan Pellegrino had pointed to KelpDAO's setup as the root cause, a claim Evercrest disputes in the lawsuit. Trade on Binance

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