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Incident record · Under review

KelpDAO sues LayerZero over $292M rsETH exploit: Exploit

KelpDAO has sued LayerZero and CEO Bryan Pellegrino over April’s $292M rsETH exploit, alleging security and disclosure failures.

StatusUnder review
Reported loss$292.0M
ChainNot specified
Confidence55%

Evidence boundary

Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.

Sources

Record history

First seen: 2026-09-25T05:51:00.000Z. Last updated: 2026-09-25T06:06:01.658Z. Revision: 1.