Evercrest Files BC Civil Claim Against LayerZero and Pellegrino, CEO Says
KelpDAO filed a British Columbia civil claim against LayerZero Labs and co-founder Bryan Pellegrino over a $292 million hack. Pellegrino identified Evercrest as KelpDAO in a separate public statement and said he would defend himself in Vancouver, while also calling the claim meritless or baseless.
What this rests on
What it means
Each sentence links inside to the piece that supports it.
Users and counterparties following LayerZero and KelpDAO now face an active British Columbia civil claim tied to the $292 million hack, and Pellegrino has said he will defend himself in Vancouver. That means the dispute is no longer just a public exchange of accusations; it is now in a court setting where the named parties are directly involved.
Before this filing, Pellegrino had already publicly identified Evercrest as KelpDAO and rejected the claim as meritless or baseless. What changes in practice is that the dispute now has a civil case attached to it in British Columbia, while the public naming of Evercrest and KelpDAO remains part of the record.
What remains unknown is how the British Columbia court will deal with the claim and what the filing says in full beyond the details released so far. A more complete picture would come from the full civil claim, any response from LayerZero or Pellegrino, and the court’s next steps.
Market reaction
We track ZRO, but we only have 0 price points in that window. The series is stored every half hour, so newer events will have it. Computing it from two points would not be a reaction, it would be a coincidence.
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
Other recent incidents
| When | What happened | Figure |
|---|---|---|
| 2 days ago | KolanHook (1.279453 ETH) incident | no figure in dollars |
| 3 days ago | UNCX Network V2 · Incorrect Share Accounting incident | $86k |
| 3 days ago | Pirate Chain · Transaction validation vulnerability incident | $10.7M |
| 4 days ago | Gamdom · Hot wallet server compromise incident | $4.2M |
| 7 days ago | Papertrade · Price manipulation incident | $1.3M |
4197 incidents stored