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Ethereum MEV Bot JaredFromSubway Loses $7.5M in Exploit

The operator of jaredfromsubway, a well-known Ethereum trading bot, lost $7.5 million on Saturday after an exploit targeting the bot's transaction approval system. Security firm Blockaid reported that an attacker used fake tokens and fraudulent smart contracts to drain legitimate funds from the bot.
ETH-2.17%
EthanBrooks·06-22 18:18
Ethereum MEV Bot JaredFromSubway Loses $7.5M in Exploit