MEV Bot Jaredfromsubway.eth Exploited For $7.5M
Blockaid said attacker-controlled contracts tricked the bot into granting approvals, and some stolen funds were sent to Tornado Cash, researchers said.
- On Saturday, the prominent MEV bot Jaredfromsubway suffered a significant exploit, losing more than $7.5 million after an attacker exploited its automated systems.
- Blockaid Chief Technology Officer Raz Niv described the incident as a "counter-MEV honeypot attack" where the attacker deployed 66 fake token contracts to trick the bot's decision-making logic.
- Jaredfromsubway is notorious for executing sandwich attacks, acting as an "invisible tax" on DeFi users; in May, the bot targeted Ethereum co-founder Vitalik Buterin while he swapped 26,544 DigitalBits.
- In a single transaction, the attacker swept ETH, USDC, and USDT from the bot's treasury, with onchain data confirming some stolen funds moved to crypto mixing service Tornado Cash.
- MEV bots typically generate hundreds of millions by monitoring unconfirmed transactions, making this exploit a rare setback; however, analysts note even small transactions remain targets for these automated systems.
27 Articles
27 Articles
Hacked Ethereum MEV Bot Offers 50% Bounty After $7.5 Million Exploit
BitcoinWorld Hacked Ethereum MEV Bot Offers 50% Bounty After $7.5 Million Exploit The operator of a long-running Ethereum MEV bot known as Jaredfromsubway.eth (ae13) has publicly appealed to a hacker to return over $7.5 million in stolen funds, offering a 50% white-hat bounty in an attempt to resolve the incident without legal escalation. The attack exploited a vulnerability in the bot’s automated execution system, draining approximately 2,150 …
JaredFromSubway MEV Bot Drained Of $7.5M In Token Approval Trick
JaredFromSubway—one of Ethereum’s most recognizable MEV bots—was caught in an unusual exploit that drained roughly $7.5 million in WETH, USDC, and USDT. Blockchain security firm Blockaid detailed the incident in a security report covered by WuBlockchain, framing it as a novel attack on the bot’s decision-making logic rather than a traditional smart contract vulnerability. The loss reshapes how automated trading infrastructure on Ethereum will ne…
Ethereum MEV Bot Loses $7.5 Million After Falling Into
The Ethereum MEV bot JaredFromSubway reportedly lost up to $7.5 million after attackers manipulated its automated trading logic using fake token contracts. Security researchers say the incident did not involve a smart contract exploit or key compromise, highlighting the risks of aggressive algorithmic trading strategies in decentralized markets.
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