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🥷 MEV bot “JaredFromSubway” exploited for $7.5M+
The attacker didn’t hack a smart contract or use phishing. Instead, they manipulated the bot’s automated MEV system:
• Created fake tokens & liquidity pools to appear profitable
• Tricked the bot into approving malicious spenders
• Left approvals active and drained funds via transferFrom()
Stolen assets included $WETH, $USDC, and $USDT, with some funds moved through TornadoCash.