DeFi exploit wave 2026Update 7 of 24
Stolen MEV Funds Flow to Tornado Cash
Tornado Cash Used in JaredFromSubway Exploit Fund Laundering
A relentless wave of DeFi exploits—spanning smart contracts, bridges, oracles, and governance—is draining billions and setting new hack records across the crypto sector.
The attacker responsible for a reversal attack on the prominent MEV bot jaredfromsubway.eth, which resulted in losses exceeding $7.5 million, transferred a portion of the stolen funds into Tornado Cash. The exploit and subsequent laundering activity were tracked via on-chain monitoring tools.
2 sources
- Prominent MEV Bot Jaredfromsubway.eth Targeted in Reversal Attack, Lose Over $7.5 Million · lookonchain.com · T2
- JaredFromSubway attacker has transferred part of the funds into TornadoCash · panewslab.com · T2