Svmuu News: Jaredfromsubway.eth, a well-known MEV bot that has long been active on the Ethereum network, was targeted by hackers who exploited a vulnerability in its automation system, resulting in losses of over $7.5 million. Security firm Blockaid stated that this incident was not a traditional phishing attack or a smart contract vulnerability, but rather an “anti-MEV honeypot attack” specifically targeting the decision-making logic of MEV bots.Over the course of several weeks, the attacker deployed 66 fake token contracts and liquidity pools disguised as assets such as WETH, USDC, and USDT, luring the bot into executing seemingly profitable transactions and authorizing the attacker to control auxiliary contracts. Ultimately, the attackers exercised all backdoor permissions in a single transaction, transferring assets such as ETH, USDC, and USDT held in the bot’s address.Data shows that between November 2024 and October 2025, approximately 60,000 to 90,000 sandwich attacks occurred monthly on the Ethereum, with about 70% of them linked to Jaredfromsubway.eth. (Cointelegraph)