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MEV sandwich-attacker was sent $1.5M from another user by accident

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by COINS NEWS 89 Views

Im sure alot of you are familiar with the name jaredfromsubway.eth, hes the user that created an MEV bot that netted him >$20M. There are debates on the ethics of something like this but i think theres far more unethical things in this space imo.

The gist of a sandwich attack is that a bot will find a large order and frontruns their transaction and then backruns as well with a sell order. They buy the end product raising the cost of the transaction and slippage, and by manipulating gas prices they can prioritize the order of transactions. Theres more to it but u get it frontrun backrun profit in the middle sandwich jared from subway preying on the blockchain ha ha funny i am Pagliacci.

Now jared is netting money for no apparent reason. Some sort of fund manager on discord sent him a bunch of coins and said this:

Jared from subway, if you are reading this please help. I sent you by mistake tokens for about 1.5m$. Is there possibility to get them back? Or my investors would kill me. Please help, Jared! I want to live. Transactions were:

https://etherscan.io/tx/0x9b658025a197a0b99b28f377305a3367fa1b8347c5735ae95c3005f15f57d825

https://etherscan.io/tx/0x5a0207abdc90c6354f22d213c6635ee74bc121490783f0644c8c925c2683d468

https://etherscan.io/tx/0xa1a3095fe649c3a8fcfbb356025fdbb8836edd44385b62d2de0cd0b9bdc77489

Baffling that someone managing this amount of money would just send these to someones address, but nothing has surprised me lately.

submitted by /u/marsangelo
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