April 5, 2023

💪 An unknown person was able to deceive MEV bots and earn $20-25 million  

MEV bots are bots that track the mempool and make money by shuffling transactions. This practice is considered unethical because MEV bots profit from increased user costs. One of the ways to earn money can be sandwich attacks.

⚡️ So, someone was able to damage MEV bots for $20-25 million. MEV bots tried to carry out a sandwich attack, but the hacker beat them to it.

Apparently, the attack was planned, because the hacker became a validator 18 days ago, and the tokens began to be prepared 16 days ago.

☝️ This situation could be a turning point for the entire MEV ecosystem..