Ethereum's biggest 'sandwich' bot drained of $7.5 million in ironic exploit

60-second summary

Ethereum's largest 'sandwich' bot, Jaredfromsubway.eth, is being drained of $7.5 million in an ironic exploit. An attacker tricked the bot into approving fake trading routes, which were then used to drain WETH, USDC, and USDT. The bot's owner, Blockaid, is likely facing significant losses, highlighting the vulnerability of automated trading systems to sophisticated attacks on the Ethereum network.