TREE NEWS reports: An MEV bot identified as Yoink front-ran an exploit on Ethereum, diverting 2,882.37 rsETH worth roughly $7.8 million to a single address after its transaction beat the original attack into the same block. The bot captured the funds by paying to land ahead of the attacker in the block ordering.
MEV Bot Front-Runs $7.8M rsETH Exploit on Ethereum
This is a liquidity and security story, not a DeFi exploit in the usual sense: the value left the protocol through the same kind of ordering race that MEV bots run every day, with the bot simply winning the block. It matters because it shows that rescue and theft are structurally identical when execution is public — the fastest payer, not the intended party, decides where funds land. Whether rsETH holders or the issuer can recover anything from a single address, and whether the original attacker's failure changes the incentive to keep probing, is the open question.
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