Kelp Files Lawsuit Against LayerZero Over rsETH Bridge Exploit

In Crypto Regulations
September 25, 2026

Kelp Files Lawsuit Against LayerZero Over rsETH Bridge Exploit

The Kelp protocol has filed a lawsuit against LayerZero and co-founder Bryan Pellegrino following the April exploit of the rsETH bridge, which caused approximately $292 million in damages.

Avatar photo
/ Published posts: 1146

Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.