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Jaredfromsubway has earned $500k in the past 24 hours through his frontrunning bot. Everytime you buy or sell tokens on a dex, Jaredfromsubway is frontrunning you with his mevbot.

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Jaredfromsubway has earned $500k in the past 24 hours through his frontrunning bot. Everytime you buy or sell tokens on a dex, Jaredfromsubway is frontrunning you with his mevbot.

Jaredfromsubway is doing this through a sandwich attack, "a sandwich attack is one where the attacker sandwiches a trade (of the unwitting person) by using two separate transactions." You guys can read more about this in the article linked in the sources.

The name Jared from subway is now starting to make more sense right? The mevbot has made him 250 eth in the past 24 hours, that is over $500k. Im sure any shitcoin trader will know of this bot and have seen this bot mess up peoples buy and sells before. He then proceeds to make a whole lotta profit and sends it to his main wallet in batches of 50 eth, previously he used to send it in batches of 30 eth, so i guess he is way more profitable now.

https://preview.redd.it/mjvhen9k92xa1.jpg?1280&format=pjpg&auto=webp&s=ac4b3e455576b9220a9e91982edda8f8c9910d87

Source:
https://beincrypto.com/learn/sandwich-attacks-explained/
https://etherscan.io/address/0x6b75d8af000000e20b7a7ddf000ba900b4009a80?toaddress=0xae2Fc483527B8EF99EB5D9B44875F005ba1FaE13#internaltx

submitted by /u/torpidtrotter
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