Sandwich Bot Jaredfromsubway.eth Loses $7.5 Million to Its Own Trading Logic

JaredFromSubway MEV bot hacked in $15 million crypto theft

The JaredFromSubway Ethereum MEV (Maximal Extractable Value) bot suffered a $15 million loss after an attacker manipulated the opportunity-detection logic by creating fake cryptocurrency trading opportunities.

Sandwich Bot Jaredfromsubway.eth Loses $7.5 Million to Its Own Trading Logic

Jaredfromsubway.eth, one of Ethereum’s most notorious maximal extractable value (MEV) bots, has lost more than $7.5 million after an attacker turned the bot’s own trading logic against it, according to security firm Blockaid. The bot is built for sandwich attacks, a type of MEV in which an automated trader detects a queued transaction, jumps in front of it, forces the victim into a worse price, and unwinds the position right afterward. Blockaid …

Ethereum Sandwich Bot Loses $7.5M in Seconds After Costly MEV Exploit

Key highlights:An Ethereum sandwich bot lost more than $7.5 million after a sophisticated attack targeted its MEV trading strategy.The incident highlights the growing risks facing automated bots competing for profits in Ethereum's increasingly crowded MEV ecosystem.The loss comes as MEV activity remains a major contributor to Ethereum network revenue and block-building competition.The hunter becomes the huntedA prominent Ethereum-based "sandwich…

Jaredfromsubway.eth, Ethereum's Most Active Sandwich Bot, Drained for $7.5M Over the Weekend

An attacker drained more than $7.5 million from jaredfromsubway.eth, the Ethereum address widely considered the single most-active sandwich-attack operator on the network, over the weekend. The loss is a rare public setback for an MEV bot that has run as one of Ethereum's largest priority-fee... Read the full story at The Defiant

MEV bot JaredFromSubway.eth loses $7.5M to approvals honeypot

Prolific MEV “sandwich” bot JaredFromSubway.eth lost a total of $7.5 million worth of crypto over the weekend after being lured into a trap over almost one hundred blocks. In a dramatic case of on-chain karma, the plot to relieve the bot of what many see as its ill-gotten gains involved fake tokens, small wins and an equally dramatic sting. Blockchain investigator Specter flagged the suspicious transaction, which saw approximately 1,475 WETH ($2…

Infamous MEV Bot JaredFromSubway Drained For $7.5 Million

One of Ethereum’s most notorious MEV bots, known as JaredFromSubway, has reportedly been drained for around $7.5 million after attacker-controlled contracts tricked its automated system into granting token approvals. TL;DR The JaredFromSubway MEV bot was reportedly drained for about $7.5 million. Security firm Blockaid said the bot was tricked into approving malicious trading routes. The attacker then used those approvals to pull assets from th…