THE BLOCK: KelpDAO filed a lawsuit against LayerZero and its co-founder Bryan Pellegrino over the $292 million rsETH exp | Hanami
THE BLOCK: KelpDAO filed a lawsuit against LayerZero and its co-founder Bryan Pellegrino over the $292 million rsETH exploit.
KelpDAO alleges LayerZero failed to disclose technology risks and prevent an infiltration of its security infrastructure. Pellegrino called the claims "meritless" and said he will defend himself accordingly.