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One of Ethereum's well-known MEV bots, Jaredfromsubway.eth, was subjected to a reverse attack, losing over $7.5 million.
The attacker deployed 66 fake token contracts and false liquidity pools over several weeks, mimicking assets such as WETH, USDC, and USDT, to lure the bot into executing seemingly profitable trades and to authorize auxiliary contracts controlled by the attacker. Ultimately, the attacker invoked all backdoors in a single transaction, transferring assets like ETH, USDC, and USDT from the bot's address.
Previously, institutions estimated that between November 2024 and October 2025, the Ethereum network experienced approximately 60k to 90k sandwich attacks per month, with about 70% related to Jaredfromsubway.eth. In May this year, Ethereum co-founder Vitalik Buterin also encountered the bot during a digital asset exchange worth about $2.