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Jaredfromsubway.eth, a well-known MEV robot, suffered a reverse engineering attack, resulting in losses exceeding $7.5 million.

2026-06-21 00:54:22
Shareshare
Odaily Planet Daily reports that Jaredfromsubway.eth, a well-known MEV bot active on the Ethereum network, suffered a loss exceeding $7.5 million due to a vulnerability in its automated execution system. Security firm Blockaid stated that this incident was not a traditional phishing attack or smart contract vulnerability, but rather an "anti-MEV honeypot attack" specifically targeting the decision-making logic of MEV bots. Over several weeks, attackers deployed 66 fake token contracts and fake liquidity pools, masquerading as assets such as WETH, USDC, and USDT, to induce the bot to execute seemingly profitable transactions and authorize attacker-controlled auxiliary contracts. Ultimately, the attackers invoked full backdoor privileges in a single transaction, transferring ETH, USDC, and USDT assets held by the bot's address. Data shows that between November 2024 and October 2025, the Ethereum network experienced approximately 60,000 to 90,000 sandwich attacks per month, with about 70% related to Jaredfromsubway.eth. (Cointelegraph)
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