Jaredfromsubway.eth Drained of $7.5M via 66 Fake Token Contracts

As of June 21, 2026, fresh details confirm the notorious MEV bot Jaredfromsubway.eth lost more than $7.5 million after attackers deployed 66 fake token contracts over several weeks. The sophisticated exploit tricked the bot’s logic into approving malicious helpers, allowing drains of ETH, USDC, and USDT, with portions already routed to Tornado Cash. The June 20 initial reports established the scale of the loss and the bot’s dominance in 70% of Ethereum sandwich attacks from November 2024 to October 2025, which cause an estimated $60 million in annual user losses. The incident underscores new risks to automated DeFi strategies beyond traditional smart-contract bugs.