MEV Bot Drained for $7.5 Million in Counter-MEV Honeypot Attack

MEV Bot Drained for $7.5 Million in Counter-MEV Honeypot Attack

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Categories: Security Exploits Defi

A notorious MEV bot, known as ‘jaredfromsubway’, was reportedly drained of approximately $7.5 million in a sophisticated counter-MEV honeypot attack. An X account impersonating the bot claimed a $15 million loss and offered a $1 million bounty, though evidence suggests it is not legitimate.

MEV Bot Suffers Major Drain

An X account using the bot's name claimed a $15 million loss and offered a $1 million bounty, but evidence shows it is a likely impersonator.