Notorious ‘jaredfromsubway’ MEV bot drained for roughly $7.5 million in counter-MEV honeypot
The Block·
60-second summary
Notorious 'jaredfromsubway' MEV bot is being drained for roughly $7.5 million in a counter-MEV honeypot, with an X account claiming a $15 million loss and offering a $1 million bounty, but evidence suggests it's a likely impersonator, casting doubt on the legitimacy of the claim, potentially impacting the MEV bot's reputation and future usage in the market.
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.