MIT Students Stole $25 Million In Seconds By Exploiting ETH Blockchain Bug, DOJ Says
MIT Students Stole $25 Million In Seconds By Exploiting ETH Blockchain Bug, DOJ Says
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US Attorney Damian Williams said the scheme was so sophisticated that it "calls the very integrity of the blockchain into question."
If that’s actually true, they should be given a sentence of time served and a job writing useful software.
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It's not. They tricked some MEV-Boost bots into doing bad trades.
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Still highlights a vulnerability doesn't it? The system is only as secure as the most vulnerable piece.
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No, it really doesn't. That's like creating a bot that buys and sells company shares automatically, and saying the stock exchange has a vulnerability because your bot makes bad decisions.
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More likely they'll get the Mitnick treatment.
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They are good at fraud
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