# KelpDAO's developer sues LayerZero over a $292 million bridge exploit, pushing DeFi loss allocation into court

The claim says LayerZero endorsed in writing the single-verifier configuration it later blamed, while a week of smaller incidents shows the same failure patterns repeating.

- Published: 2026-09-26T05:50:55.881Z
- Canonical: https://polylog.news/crypto/2026-09-26/kelpdao-s-developer-sues-layerzero-over-a-292-million-bridge
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Polylog editors](https://polylog.news), [CoinDesk](https://www.coindesk.com/business/2026/09/25/kelpdao-sues-layerzero-for-the-largest-exploit-2026-has-seen-so-far), [DeFiHackLabs](https://github.com/SunWeb3Sec/DeFiHackLabs/commit/051d98be3c178ae9400dc47b77c6e8424dfbd531), [DeFiHackLabs](https://github.com/SunWeb3Sec/DeFiHackLabs/commit/58a90b5d5e26d2079940c9b9f27e6831fcc338b0), [DeFiHackLabs](https://github.com/SunWeb3Sec/DeFiHackLabs/commit/b17f711cec1bfb78fc2b8bf7dc5ab37f56f31a7c)

Evercrest Technologies, the company behind KelpDAO, has filed a civil claim in the Supreme Court of British Columbia against LayerZero, its Canadian entity and co-founder Bryan Pellegrino, alleging negligent misrepresentation, negligence an…

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