JaredFromSubway offers 50% bounty after 2,150 ETH exploit

The MEV bot said the attacker can keep half of the roughly $7.5 million haul as a white-hat reward if the funds are returned within 48 hours.

Summary

JaredFromSubway, an MEV bot (maximal extractable value trading bot), posted an on-chain bounty message roughly three hours after an attack that drained about 2,150 ETH, worth around $7.5 million. The message said the attacker may keep 50% of the funds as a white-hat bounty if all ETH is returned within 48 hours. It added that legal and law-enforcement action will begin if the Ether is not sent back within that window.

Terms & Concepts
  • MEV bot: Automated trader capturing maximal extractable value.
  • on-chain bounty message: A reward offer sent through blockchain transactions.
  • white-hat bounty: Reward for returning exploited or stolen funds.