LayerZero Sued Over rsETH Exploit as Dispute Over Blame Escalates
LayerZero is facing a British Columbia claim from Evercrest over the rsETH bridge exploit, which Evercrest values at $292 million. The dispute centers on LayerZero’s single-verifier setup for that bridge, while several projects linked to about $14.5 billion in assets have announced moves to Chainlink’s CCIP.
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Users and projects that relied on the rsETH bridge are the ones most directly affected today, because the claim puts the bridge design and the exploit into a formal dispute. Anyone tracking the broader interoperability market also sees that projects tied to about $14.5 billion in assets have announced moves to Chainlink’s CCIP, which shifts attention toward other routing options.
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