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.
26 Articles
26 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.
The most active MEV bot in Ethereum, Jaredfromsubway.eth, has suffered a drain of more than 7.5 million dollars after falling into a sophisticated false liquidity trap specifically designed to deceive him. The attacker deployed 66 fake token contracts and simulated liquidity pools for weeks until the bot, in its automatic profit search, approved a malicious contract that gave him access to his funds. The security firm Blockaid confirmed yesterda…
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