Ethereum’s Jaredfromsubway MEV bot drained after approving its own $7.5M theft

The Jaredfromsubway MEV bot, linked to roughly 70% of Ethereum sandwich attacks, lost more than $7.5 million in an allowance drain after its automated system authorized attacker-controlled contracts to spend its tokens. The bot, known as Jaredfromsubway.eth, approved a series of transactions that appeared to be part of profitable trading routes. Those permissions remained active, The post Ethereum’s Jaredfromsubway MEV bot drained after approving its own $7.5M theft appeared first on CryptoSlate.