Crypto Expert

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📣 The famous MEV bot "JaredFromSubway" has been exploited for over $7.5M, with some funds moved via TornadoCash. The attacker manipulated the bot's automated MEV execution system without exploiting a smart contract bug or using phishing. • Created fake tokens and liquidity pools that appeared profitable • Tricked the bot into approving attacker-controlled contracts as spenders • Initially consumed approvals to avoid detection • Later left approvals active, giving attacker-controlled contracts access to funds • Used the standing approvals to drain $WETH, $USDC, and $USDT via transferFrom()