Ethereum · The Block
Notorious ‘jaredfromsubway’ MEV bot drained for roughly $7.5 million in counter-MEV honeypot
Compiled by KHAO Editorial — aggregated from 4 sources. See llms.txt for citation guidance.
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An attacker drained jaredfromsubway.eth, one of the most active MEV "sandwich" bots on Ethereum, on Saturday by tricking its automated trading system into approving attacker-controlled contracts, according to onchain analysts.
Key facts
- The attacker swapped the stolen assets into about 4,427 ETH, worth roughly $7.7 million, and deposited 1,000 ETH into the formerly sanctioned mixer Tornado Cash, according to onchain tracker
- The report identified 16 live WETH allowances of about 92.16 WETH each, together matching the 1,474.58 WETH swept in the final drain
- Blockaid valued the assets traced to the attacker at roughly $7.5 million in WETH, USDC and USDT
- In May, the bot drew attention for sandwiching a small swap by Ethereum co-founder Vitalik Buterin, committing more than $1.14 million in WETH to front-run a trade worth a few dollars
Summary
Blockaid valued the assets traced to the attacker at roughly $7.5 million in WETH, USDC and USDT. The bot, tagged by Etherscan as "jaredfromsubway: MEV Bot 2," has sandwiched Ethereum traders since early 2023 and ranks among the network's most prolific MEV operators. The drain was first flagged on Saturday by onchain analyst Specter, who pointed to a $7 million-plus loss from a wallet tied to the bot. Blockaid said the incident was not a phishing attack, a private-key compromise, or a flaw in a widely used DeFi protocol.