A rogue validator on Flashbot seems to be exploiting MEV bots. Over 25m USD already stolen.
The validator takes a sandwich bundle from the MEV bot and replaces the victim transaction with it's own that exploits the MEV bot instead.
Here's how it works -
For those wondering if the @blur_io pool contract is safe to deposit into - it looks fine to me. They've also been confirmed to have been audited by @code4rena.
However, there are a couple qualms I have with the way it's setup 🧵:
@sonmdevelopment fuking scammer! invested 7000 dollar in 2019 buying your stupid SNM. Now 7000 SNM = 7000 SNMOLD? and 7000SNM =0 ? shameless , both of you. @binance and @sonmdevelopment