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Cointelegraph|Jan 30, 2025 17:16
🚨 NOW: Ross Ulbricht, founder of Silk Road, lost 400M ROSS (1.77M) after a liquidity error in the Raydium pool.
An MEV bot exploited the mistake, spending just 2.3 SOL (556) to buy 398.6M ROSS at a low price, then selling for 2,669 SOL (643.5K), netting a 643K profit.
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