\n<\/p>\n
\n\t\t\t\t\t\t\t\t\tThe actual hack took place over a month ago and the bad actor has been on the move. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
The unknown hacker behind June\u2019s exploit against the Ethereum maximal extractable value (MEV) bot jaredfromsubway.eth continues to try to time the market with their ETH moves, but with negative consequences.<\/p>\n
Using the proceeds they secured from the $7.7 million attack, the bad actor made some questionable decisions that actually cost them a portion of their loot.<\/p>\n
Data from Lookonchain indicated that the exploiter sold 2,327 ETH at prices just under $1,700 after the hack. However, they changed their mind on Ethereum and started to accumulate earlier today, purchasing 2,063 ETH at an average price of $1,912 per token.<\/p>\n
This meant that the perpetrator booked a $505,000 loss since they received $3.94 million for the sale following the hack and now spent the same amount just to receive 264 fewer tokens.<\/p>\n
\nThe Jaredfromsubway exploiter is terrible at trading.<\/p>\n
A month ago, the exploiter stole $7.7M and swapped it for $ETH<\/a>.<\/p>\n
The exploiter later sold 2,327 $ETH<\/a>($3.94M) at $1,695, then bought back 2,063 $ETH<\/a>($3.94M) at $1,912 10 hours ago.<\/p>\n
He lost 264 $ETH<\/a>($505K).\u2026 pic.twitter.com\/JRpFrOIkWG<\/a><\/p>\n
\u2014 Lookonchain (@lookonchain) August 7, 2026<\/a><\/p>\n<\/blockquote>\n
The actual attack took place on June 20-21 when the perpetrator tricked the automated sandwich bot using fake liquidity pools and deceptive tokens, swiping around $7.7 million.<\/p>\n
They started moving millions of dollars through Tornado Cash immediately, while the team behind the MEV bot offered<\/a> a 50% bounty and a 48-hour deadline to respond, or would pursue \u201call available legal and law-enforcement remedies.\u201d<\/p>\n
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There was no official response, but the hacker\u2019s actions spoke louder, as they have not returned any of the funds, and the trade from above is the latest confirmation of a rejection.<\/p>\n
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