INCIDENT EVIDENCE GRAPH

MEV Bot hacked — $7.50M lost

The MEV bot operated by JaredFromSubway.eth was drained of approximately $7.5 million. Attackers deployed fake token wrappers and liquidity pools to trick the bot’s automated MEV execution system into granting token approvals to attacker-controlled contracts. They then exploited the unrevoked approvals to transfer out WETH, USDC, and USDT via transferFrom. It was not a traditional phishing attack or a vulnerability in the victim contracts themselves, but a flaw in the bot’s automated approval-generation mechanism. Jared publicly offered a $1 million bounty for full recovery with full confidentiality.

Primary evidence

  1. MEV Bot hacked — $7.50M lost

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