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KelpDAO Developer Sues LayerZero Over $292M Bridge Exploit

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Decrypt Editorial
(11:09 AM UTC)
1 min read
JM
Verified byJames Mitchell

In brief

  • Evercrest Technologies has filed a civil claim against LayerZero, its Canadian arm and co-founder Bryan Pellegrino in the Supreme Court of British Columbia.
  • The claim alleges negligent misrepresentation, negligence and defamation over April's $292 million exploit.
  • It says the attack began with malware on a LayerZero developer's computer six weeks before any funds moved.

The company…

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