Infamous MEV Sandwich Bot “arsc” Nets $30 Million from Solana Users in Two Months

The notorious MEV sandwich bot known as “arsc” has accumulated around $30 million from Solana users over the past two months through MEV attacks. An MEV sandwich attack involves an attacker sandwiching a victim’s transaction between their own two transactions, manipulating the price to profit from the user. The attacker buys the victim’s token at a below-market price and then sells it within the same block at a higher price. Ben Coverston, founder of cryptocurrency firm MRGN Research, stated in a June 15 post on X that the sandwich bot arsc has “gone to great lengths” to avoid detection while

Source: CryptoIntelligence