Foresight News
Foresight News|Sep 25, 2026 04:07
[KelpDAO Files Lawsuit Against LayerZero and Co-Founder Over rsETH Cross-Chain Bridge Attack] Foresight News reports that KelpDAO has tweeted about filing a lawsuit against LayerZero and its co-founder Bryan Pellegrino, seeking accountability for the rsETH cross-chain bridge attack that occurred earlier this year. The lawsuit alleges that LayerZero failed to adequately disclose inherent weaknesses and risks in its technology, did not prevent its security infrastructure from being compromised, and had previously provided written approval for Kelp's deployment and configuration. The official statement noted that LayerZero has recently publicly taken responsibility for the incident. Since the attack, the team has taken measures to ensure the safety of user assets, including migrating the rsETH cross-chain bridge to a more secure cross-chain standard. LayerZero co-founder and CEO Bryan Pellegrino responded via tweet, stating that KelpDAO's claims lack merit and that he will defend against the lawsuit in Vancouver. Foresight News previously reported that LayerZero released an incident report revealing that on April 18, 2026, the KelpDAO rsETH cross-chain bridge built on LayerZero was attacked, resulting in the loss of approximately 116,500 rsETH, valued at around $292 million.
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