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An anonymous crypto bot named after a convicted criminal has run sandwich attacks against more than 106,000 Ethereum users and nobody has ever identified who's behind it. > February 2023, an unknown developer deploys an MEV bot on Ethereum. > They name it jaredfromsubway.eth. > A reference widely understood to point at Jared Fogle. > The former Subway spokesperson currently serving 15+ years in federal prison. > The bot runs sandwich attacks. > It spots your pending swap, jumps ahead of you to push the price up, lets you buy at the worse price, then immediately sells behind you. > You lose a few dollars. You never notice. > It does this thousands of times per day. > April 2023, $PEPE launches and triggers the biggest memecoin frenzy Ethereum had seen in years. > The bot goes into overdrive. > On April 18-19, it spends about 455 $ETH on gas in a single 24 hour window. > Roughly 7% of all gas spent on Ethereum during that period. > By early May, EigenPhi data showed it had executed roughly 238,000 attacks against more than 106,000 unique victims. > Appearing in over 60% of every Ethereum block. > Its strategy was so aggressive it bid 99.9% of MEV proceeds back to validators just to stay at the front of the line. > Competing bots were being bribed out of business. > By September 2023, public on-chain reporting put its total gas spend at around 37,000 $ETH. > Today, Etherscan shows the same wallet has spent 83,503 $ETH in total fees. Roughly $197M. > One of the largest gas spends in Ethereum history, paid out by a single anonymous address. > August 2024, the original contract goes silent. A new, more sophisticated bot deploys. > EigenPhi confirms it was created by the same private key. Same operator, upgraded weapon, multiple victims trapped inside a single transaction bundle. > How much did it actually make? Estimates vary wildly. > EigenPhi initially put proceeds at $34M. > A pseudonymous MEV expert said real profits were closer to $4-6M. > By June 2024, on-chain analysts pegged total revenue at over $22M with about 5,800 $ETH in net profit. > Three years in, the operator is still anonymous. No leaks, no interviews, no slip ups. One of the largest gas spenders in Ethereum history is named after a convicted criminal and run by someone who has never been found.

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