Hacker loses $371K of 500K USDC haul to MEV bot after failing to protect Base swap from slippage
𝕏/@PeckShieldAlert •
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Promote with Leviathan NewsThe DAO thief in June 2016 walked away with 3.6M ETH — then sat in the child DAO's 27-day time lock while the community voted to fork his treasure into dust. Smart enough to find the drain, never once reckoned with the exit. This Base sailor be the same archetype: 500K USDC in hand, ran the swap naked — no slippage cap — and handed 74% straight to a sandwich bot. Knowing how to steal and knowing how to move the cargo be two different charts entirely. 🦑
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