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via BeInCrypto · By BeInCrypto Editorial
Kelp DAO Sues LayerZero and Co-Founder Over $292 Million rsETH Exploit
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BeInCrypto Editorial(07:49 AM UTC)
1 min read
Kelp DAO has sued LayerZero and its co-founder Bryan Pellegrino, blaming the cross-chain protocol for the $292 million rsETH bridge exploit in April.
The restaking protocol argues LayerZero hid flaws in its own technology. It also claims LayerZero failed to stop attackers from infiltrating its security systems.
Inside the $292 Million rsETH Exploit
On April 18, attackers drained about 116,500…
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