Evercrest Technologies, the company behind KelpDAO, has filed a civil lawsuit against LayerZero and co-founder Bryan Pellegrino in the Supreme Court of British Columbia. The case concerns an April exploit that drained 116,500 rsETH, worth approximately $292 million at the time. KelpDAO alleges that LayerZero reviewed and endorsed the bridge configuration using a single Decentralized Verifier Network that was later blamed for the attack, then shifted blame onto KelpDAO. The allegations include negligence, negligent misrepresentation, and defamation, though LayerZero has not been found liable.
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