KelpDAO says it is suing over the rsETH cross-chain bridge attack LayerZero and its co-founder
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AT A GLANCE
KelpDAO said it had filed a lawsuit against rsETH over the cross-chain bridge attack LayerZero and its co-founder.
Article
KelpDAO sues rsETH over a cross-chain bridge attack LayerZero and its co-founder, alleging failure to fulfill disclosure obligations and negligence
PANews September 25 reported that KelpDAO posted on social media that, earlier this year,rsETH's LayerZero cross-chain bridge attack, it filed a lawsuit against LayerZero and its co-founder Bryan Pellegrino. The lawsuit alleges that the incident directly resulted from the negligence of LayerZero, including failure to disclose inherent technical weaknesses and risks, as well as failure to prevent its own security infrastructure from being breached, thereby allowing attackers to exploit the relevant vulnerabilities. KelpDAO stated that LayerZero had publicly attributed responsibility to KelpDAO over the past several months, but records show that LayerZero had reviewed and approved its technical deployment and configuration in writing. Following the incident, KelpDAO took measures to safeguard users' assets, including migrating rsETH cross-chain bridge to a more secure...
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🔗https://www.panewslab.com/zh/articles/01a0d702-8fcd-724b-bc07-ad1c6dc0d0e0
Key points
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PANews September 25 reported that KelpDAO posted on social media that it had filed a lawsuit.
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the cross-chain bridge attack earlier this year rsETH by LayerZero.
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Litigation allegations LayerZero Failed to disclose technical vulnerabilities and risks and failed to prevent its security infrastructure from being breached.
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KelpDAO claims LayerZero It publicly attributed responsibility to itself over the past several months, but the relevant records show that it LayerZero had reviewed and approved its technical deployment and configuration in writing.
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Following the incident, KelpDAO said it had taken measures to safeguard users’ assets, including migrating the rsETH cross-chain bridge.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a litigation allegation brought by KelpDAO. KelpDAO believes LayerZero there was negligence in risk disclosure and security safeguards; the materials currently present only KelpDAO’s claims and the claims made in the litigation.
Why it matters to readers
The incident involved cross-chain bridge security, safeguarding users’ assets, and the attribution of related responsibility.
Beginners can first focus on three points: the attack involved a rsETH cross-chain bridge, KelpDAO has filed a lawsuit, and LayerZero whether negligence occurred has not been independently confirmed.
Risks and unknowns
The evidence does not provide the complaint, court records, or a specific claim amount.
Not included in the evidence LayerZero or Bryan Pellegrino’s response to the lawsuit and related allegations.
The reporting text is incomplete regarding KelpDAO’s migration of the cross-chain bridge.
The materials do not specify the range of attack losses, the disposition of users’ assets, or the progress of the lawsuit.
Related Developments
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Related concepts
cross-chain bridge
This term is not in the glossary yet. Browse related concepts in the glossary.
