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COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA · CRYPTO ·

Ethereum's biggest 'sandwich' bot drained of $7.5 million in ironic exploit

As reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Blockaid said an attacker tricked Jaredfromsubway.eth into approving fake trading routes, then used those approvals to drain WETH, USDC and USDT.
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Ethereum's prominent 'sandwich' bot, Jaredfromsubway.eth, has been exploited, resulting in a loss of $7.5 million. An attacker reportedly tricked the bot into approving fraudulent trading routes, subsequently draining its holdings of WETH, USDC, and USDT. This incident…

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Market Samachar is a news aggregator. This article was originally published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Tap the button above to read the full story on their site.

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