Crypto trading bot is racking up profits, big fees with ‘sandwich’ attacks

A trader using the digital wallet ‘jaredfromsubway.eth’ has caused a stir in the decentralized finance (DeFi) world after earning profits through sandwich attacks, according to EigenPhi data. The trader behind “jaredfromsubway.eth” has earned approximately $1.67m within two days despite spending about $1.3m in transaction expenses.

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