The well-known MEV bot Jaredfromsubway.eth has suffered a reverse attack, resulting in losses exceeding $7.5 million

Odaily Planet Daily reports that Jaredfromsubway.eth, a well-known MEV bot long active on the Ethereum network, has been attacked by hackers exploiting a vulnerability in its automated execution system, resulting in losses exceeding $7.5 million.

Security firm Blockaid stated that this incident was not a traditional phishing attack or smart contract vulnerability, but rather an "Anti-MEV honeypot attack" specifically targeting the decision-making logic of MEV bots. Over several weeks, the attacker deployed 66 fake token contracts and false liquidity pools, masquerading as assets such as WETH, USDC, and USDT, luring the bot into executing seemingly profitable trades and authorizing auxiliary contracts controlled by the attacker.

Ultimately, in a single transaction, the attacker invoked all backend privileges, transferring the ETH, USDC, and USDT assets held by the bot's address. Data shows that between November 2024 and October 2025, the Ethereum network experienced approximately 60,000 to 90,000 sandwich attacks per month, with about 70% of them related to Jaredfromsubway.eth. (Cointelegraph)