Jaredfromsubway.eth MEV Bot Drained for $7.5M
- DeFi
- Security
An attacker tricked the popular MEV bot into granting token approvals through malicious contracts, draining over 7.5 million dollars. Blockaid flagged the exploit on chain in real time. CT noted the irony of an MEV operator becoming the victim of automated approval abuse.
Incident Details
- Type
- PROTOCOL EXPLOIT
- Funds Lost
- $7.5M
- Status
- Total loss
Funds drained via approvals, on-chain detection by Blockaid