JaredfromSubway.eth Sandwich Bot Drained of at Least $7.5 Million

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Summary

An unknown attacker reportedly used 66 fake token contracts and unrevoked spending approvals to steal at least $7.5 million from JaredfromSubway.eth, then converted the assets to ETH and sent them through Tornado Cash.

Key points

  • The attack occurred on Ethereum on June 20–21, 2026, and drained at least $7.5 million in ETH and stablecoins.
  • The attacker deployed 66 fake token contracts and paired them with fraudulent liquidity pools to attract the bot.
  • The bot granted token-spending approvals to the malicious contracts; the permissions were not revoked or used until the attacker triggered a coordinated transaction to sweep its assets.
  • The attacker converted the stolen stablecoins to ETH, split the funds across wallets, and moved them into Tornado Cash. No funds have been recovered.
  • The article recommends revoking unused token approvals and checking smart-contract verification, deployment history, and pool track records before interacting.

Article Details

Victim Organization
JaredfromSubway.eth
Incident Type
Reverse honeypot exploit involving fake token contracts and unrevoked token-spending approvals
Incident Date
2026-06-20
Affected Data Size
At least $7.5 million in ETH and stablecoins
Operational Impact
The bot's wallets were drained of approximately $7.5 million. No funds had been recovered, according to the article.
Ransom Or Extortion
None reported
Claim Status
confirmed

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