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Crypto DeFi

MEV Bot Front-Runs Exploiter, Captures $7.7M in rsETH Before Kelp Freezes Address

An MEV bot called “Yoink” front-ran an attacker attempting to exploit a custom Safe module and captured the stolen rsETH, valued at $7.7 million, before Kelp temporarily froze the receiving address. The bot intercepted the funds ahead of the exploiter, and the receiving address was subsequently frozen by Kelp.

Original source

AI take

This episode highlights how MEV infrastructure can act as an unintended circuit breaker during live exploits, with a bot effectively seizing funds faster than the protocol's own response. The outcome also shows that freezing a receiving address is a blunt, reactive tool: it can lock assets, but it does not resolve who ultimately holds or controls them. The open question is whether such front-running becomes a routine feature of exploit response, and how protocols weigh temporary freezes against the operational and legal complications they create.

Generated by AI for reference only.

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