KelpDAO sues LayerZero, CEO over $292M rsETH bridge exploit

Crypto Insight Summary: KelpDAO says LayerZero endorsed its bridge setup before the attack, while CEO Bryan Pellegrino has dismissed the lawsuit as meritless. Crypto Insight Analysis: Direction: Bearish LAYERZERO Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Legal dispute raises concerns about security and reputation.