WETH (WETH)

#PeckShieldAlert Specter has reported that #MEV bot #JaredFromSubway appears to have been drained of ~$7.5M in crypto, including 1,474.58 $WETH, 2.87M $USDC, & 2M $USDT.

The attacker swapped the stolen funds for 4.4K ETH and has already deposited 1K ETH into #TornadoCash https://t.co/qY6IVDdnGJ

This is actually insane 🤯

JaredFromSubway's MEV bot (the one that's been printing money for ages) just got cooked for $7.5 million in one of the sneakiest exploits I've seen.

This wasn't a contract hack. It wasn't phishing.

The bot basically approved its own robbery because it thought it was about to feast on a juicy MEV opportunity.

What happened:

> Attacker deploys fake wrapper tokens (fWETH, fUSDC, fUSDT) along with fake liquidity pools designed to look profitable

> The bot spots the "opportunity" and does what it's programmed to do, approving attacker-controlled helper contracts as spenders

> During early tests, those approvals get used immediately, so nothing appears suspicious

> In later transactions, the bot grants approvals that are never consumed or revoked, leaving the attacker with unlimited spending power

> Once enough approvals are collected, the attacker executes the final drain

> WETH, USDC, and USDT are pulled directly from the bot contract via transferFrom and sent to the attacker's