CryptoDecryptabout 9 hours ago
Ethereum MEV Bot Faces $7.5M Loss, Threatens Legal Action
1 min read
The operator of the Ethereum MEV bot JaredFromSubway lost $7.5 million and is now threatening legal action. The bot suffered the loss during a failed arbitrage transaction on the Ethereum network. The incident highlights the risks of automated trading strategies in decentralized finance.
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