Ethereum's Most Notorious Front Running Bot's Own Greed Gets Against It - Tricked Into Giving Up MILLIONS worth of ETH...

1 month ago 24

Rommie Analytics

The hunter became the hunted, and the hunter was holding a fortune in stolen ETH when it happened.

JaredFromSubway.eth, the most active and most hated MEV or 'front running' bot on Ethereum - it works by spotting places where it can insert itself ahead of a pending trade, cuts in line ahead by paying higher gas fees, buying the tokens that otherwise should have gone to you, instead forcing your order to be filled with higher priced tokens. Then, once you've overpaid for your coins, it will immediately sell the ones they bought at the new higher price. While the amount earned each time is often small, multiply that...

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