Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
Sealaunch, an NFT data and research platform, has monitored that the MEV Bot named jaredfromsubway.eth recently carried out "sandwich attacks" on buyers and sellers of Meme coins such as WOJAK and PEPE, earning more than $1.4 million in profits. Additionally, Sealaunch stated that MEV Bots spent 7% of Ethereum’s gas fees during the 24-hour period between April 18 and 19. A sandwich attack occurs when the attacker "sandwiches" the victim's transaction between two of his own to profit from the user by manipulating prices. Attack method (per SlowMist): Sandwich Attack. Reported loss: $ 1,400,000.
- chain
- ethereum
- protocol
- MEV Bot
- bug_class
- mev
- date_occurred
- 2023-04-20
- loss_usd
- $1,400,000
- source_id
- sm:mev-bot::2023-04-20