LayerZero Faces BC Civil Claim from KelpDAO's Evercrest Entity

Evercrest has filed a civil claim against LayerZero and its CEO Pellegrino in British Columbia. The claim, which names KelpDAO as the entity behind Evercrest, has been dismissed by Pellegrino as 'meritless.' He plans to defend the case in Vancouver.

No further details about the nature of the claim have been released. However, the move marks a significant escalation in a dispute that has been unfolding between the two companies.