KelpDAO sues LayerZero, claims it endorsed setup used in $292 million rsETH exploit

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KelpDAO has filed a lawsuit against LayerZero and its co-founder Bryan Pellegrino over the rsETH exploit that occurred on April 18. The organization claims LayerZero had provided written approval for the bridge configuration exploited in the attack that resulted in 292 million dollars in losses. This case highlights the potential liability of cross-chain infrastructure providers in securing funds transferred through their protocols.

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Telemac
Telemachttp://cryptoinfo.ch
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