‘Sandwich attack’ bot Jaredfromsubway.eth linked to $7.5M theft
MEV bot operator Jaredfromsubway.eth has reportedly lost more than $7.5 million after an attacker used a “counter-MEV” strategy to trick the bot into authorizing spending approvals that were later used to drain its funds. The incident, discovered on Saturday, highlights a growing security risk for automated trading systems: even bots built to exploit market opportunities can be turned against themselves.