KelpDAO has filed a civil claim in British Columbia against LayerZero and co-founder Bryan Pellegrino over an April attack that resulted in the loss of 116,500 rsETH worth about $292 million (roughly Rs. 2,797 crore). KelpDAO alleges LayerZero failed to disclose risks linked to the bridge’s verification setup. Pellegrino has called the claims “meritless” and said he will defend himself and LayerZero.
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