The cryptographic trader is attacked by sandwiches in Stablecoin Swap, loses $ 215,000

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The crypto -trader fell victim to a sandwich attack, making Stablecoin transfer with a value of USD 220,764 March 12 – loss of almost 98% of its value to the maximum bot (MEV).

Stablecoin worth 220 764 USD (USDC) has been converted into $ 5,271 in Tether (USDT) in eight seconds as Bot Mev successfully in the first place, banking over USD 215,500.

Data From Ethereum Block Explorer shows that the MEV attack took place on the decentralized liquidity pool of Uniswap V3, where $ 19.8 million value The value is blocked.

Details of the sandwich attack transaction. Source: Etherscan

Mev Bot Front-Ran Transaction, mentioning all the smoothness of USDC from the UNISWAP V3 USDC-USDT pool, and then put it after the transaction, According to To the founder of the DEFI report Michael Nadeau.

The attacker tilted the constructor of the Ethereum “Bob-the-Builder. $ 200,000 with replacement $ 220 764 and gained $ 8,000 themselves.

DEFI researcher “Defiac” Speculates The same salesman using different wallets fell victim to six sandwich attacks, citing “internal tools”. They pointed According to the fact that all funds traveled from the loan and loan protocol before they were deposited on Uniswap.

Two wallets were victims of the MEV sandwich attack on March 12 around 9:00 UTC. Ethereum portfolio Addresses “0xdde … 42A6D” and “0x999 … 1D215” Sandwiches have been attacked USD 138,838 AND USD 128 003 In transactions that took place three to four minutes earlier.

Both transacts made the same replacement in the pool of liquidity Uniswap V3 as a salesman who has transferred USD 220,762.

Others speculate that transactions may be money laundering.

“If you have NK illegal funds, you can build a very MEV that can be found in TX, and then privately send it to the Bot Mev and ask them in the package” he said Founder of Crypto Data Dashboard Descipillam, 0xngmi.

“In this way you wash all money with nearly 0 losses.”

Related: Thorchain at Crossroads: Decentralization of clashes with illegal activity

Initially, criticizing Uniswap, nadeau later recognized that the transactions did not come from the Uniswap front, which has MEV protection and the default slip settings.

Nadeau withdrew from these critics after the general director of Uniswap Hayden Adams and others explained that the security, which Uniswap has to fight with attacks with sandwiches.

Source: Hayden Adams

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