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MarketPublished by KAS Watch · September 26, 2026

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

KelpDAO has filed a lawsuit against LayerZero and its CEO regarding a $292 million rsETH bridge exploit, claiming prior endorsement of the bridge setup. Meanwhile, the CEO has dismissed the legal action as meritless.

Why it matters for the market

For Kaspa, broader ecosystem disputes and cross-chain bridge exploits can influence general market risk sentiment and sector-wide liquidity dynamics, though direct structural effects remain unproven.

Original source

Cointelegraph
Source publication · September 25, 2026 · 1 verified source
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KelpDAOLayerZeroExploitBridgeLawsuit
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