JaredFromSubway MEV bot gets drained in $7.5m approval trap

Ethereum MEV bot JaredFromSubway was reportedly exploited for over $17M after an approval-based attack drained key tokens. Ethereum traders are reviewing a major security incident after JaredFromSubway, one of the network’s best-known MEV bots, was reportedly exploited. Blockchain security firm Blockaid said the bot lost about $7.5 million through attacker-controlled contracts designed to mislead its […] The post The $17M MEV Bot Exploit That’s Shaking Ethereum Traders appeared first on Live Bitcoin News.

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