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KelpDAO Sues LayerZero and CEO Bryan Pellegrino Over $292M Hack

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CryptoPotato Editorial

(08:16 PM UTC)

1 min read

Approved byJames Mitchell

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Pellegrino rejected the civil claim, calling it meritless and saying that he would defend himself in Vancouver courts.

KelpDAO has filed a lawsuit against LayerZero and its co-founder Bryan Pellegrino, accusing the bridge provider of security failures behind the $292 million exploit of its rsETH token in April.

The suit, filed in…

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