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KelpDAO Files Suit Against LayerZero And Bryan Pellegrino Over The 292M Exploit 🦇🖤

KelpDAO just filed a huge lawsuit against LayerZero and Bryan Pellegrino over that wild 292 million dollar rsETH hack from April. 💀 They are basically calling out the bridge for dropping the ball on security and not owning up to it at all.

LayerZero Facing Big Accusations For Tech Fails 👀

In a recent X post KelpDAO alleged the exploit came from LayerZero hiding weaknesses and letting their security get breached. That whole drama hits different tho because LayerZero kept pushing blame back on the rsETH setup with its single DVN verifier. Under that 1-of-1 config only LayerZero own verifier could approve a fake message and boom the funds were gone. 🌑 KelpDAO fired back saying the setup followed the official docs and defaults so it was not some rogue choice.

Pellegrino Gearing Up To Fight Back 🔥

KelpDAO wants to hold everyone accountable and make sure the record gets corrected after months of shade 😈 The LayerZero CEO jumped on X super fast to confirm the claim got filed in British Columbia. He straight up said it is meritless and he will defend himself in Vancouver lmao. This scene is giving full Game of Thrones energy in DeFi rn where one minute you are stacking millions and the next everything is crashing into court battles 🖤 Solana folks summed it up perfectly with that vibe check. The whole exploit also touched lending spots like Aave and Compound with assets getting moved across chains while other big drains like the 320 million from Liquid Network and 351 million at Bitget keep the chaos rolling 💸 🚨
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