News · Crypto · Cointelegraph · Fri, Sep 25, 2026 9:00 AM
KelpDAO sues LayerZero, CEO over $292M rsETH bridge exploit
Image from the source feed · Cointelegraph
KelpDAO says LayerZero endorsed its bridge setup before the attack, while CEO Bryan Pellegrino has dismissed the lawsuit as meritless.
OpenBook market desk: KelpDAO says LayerZero endorsed its bridge setup before the attack, while CEO Bryan Pellegrino has dismissed the lawsuit as meritless.
Why this matters for multi-asset traders
The headline theme is "KelpDAO sues LayerZero, CEO over $292M rsETH bridge exploit". We reframe the story for readers tracking equities, FX majors and crypto liquidity - without copying the original wording.
Watch related price action on OpenBook movers and treat this note as information, not investment advice.
Based on reporting from Cointelegraph. Read the original.
New to these markets? Browse our plain-English market guides to forex, gold, oil, indices and crypto.
This briefing was summarized with automated tools from public reporting by Cointelegraph and is general market information, not investment advice. Editorial policy & corrections