Trading Bot Inspired by Subway System Earns Millions via Sandwich Attacks
A Maximal Extractable Value (MEV) bot has earned over $1 million this week by conducting "sandwich attacks" on buyers and sellers of two new meme coins, Pepe (PEPE) and Wojak (WOJAK). Sealaunch, a non-fungible token (NFT) data platform, reported on April 19, 2023, that a wallet address associated with the ...
