Evercrest, a developer associated with KelpDAO, has sued LayerZero in connection with a bridge exploit that resulted in losses of $292 million, according to Decrypt. The dispute centers on a single-verifier configuration used by the bridge. Evercrest says LayerZero approved that setup in writing on multiple occasions. It also alleges that LayerZero later warned another developer about the same configuration. The claims place LayerZero’s review and approval of the bridge’s security design at the center of the case. LayerZero is the issuer of the ZRO token, which is among the crypto assets potentially relevant to market participants tracking developments involving the protocol. The source material does not provide further details about the filing, the court, the requested damages, or LayerZero’s response. The reported legal action follows the exploit and focuses on whether prior written approvals and later warnings affected responsibility for the loss.
