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BlockSec - Ad-Doge BLOG

Top Ethereum MEV Bot JaredfromSubway.eth Drained of Up to $15M in Counter-MEV Honeypot Exploit

TL;DR A prominent Ethereum MEV bot reportedly lost between $7.5 million and $15 million in a counter-MEV exploit. The attacker allegedly used fake token contracts to bait approvals and drain assets. The incident highlights approval hygiene risks for automated on-chain trading systems. Security Alert: The MEV bot JaredfromSubway.eth was exploited. — BlockSec (@BlockSecTeam) June 26,…