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Base Attacker Loses Funds to MEV Bot After $500,000 Wallet Drain

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FOMOGRAM Editorial Desk
Aug 6, 2026
AI VERIFIED ANALYSIS
Coinpedia FEED
Base Attacker Loses Funds to MEV Bot After $500,000 Wallet Drain
EXECUTIVE SUMMARY

An attacker drained approximately 500,000 USDC but lost a significant portion to an MEV bot during a token swap. This incident highlights risks in the Base network.

An attacker drained approximately 500,000 USDC but lost a significant portion to an MEV bot during a token swap. This incident highlights risks in the Base network.

FOMOGRAM SENTINEL GRAVITY TELEMETRY

The attacker’s loss of funds to an MEV bot indicates vulnerabilities in the Base network, potentially affecting USDC's liquidity.

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