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This is an MEV Bot Scam which will drain your wallet #1

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trpt-nt opened this issue Jul 25, 2024 · 0 comments
Open

This is an MEV Bot Scam which will drain your wallet #1

trpt-nt opened this issue Jul 25, 2024 · 0 comments

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@trpt-nt
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trpt-nt commented Jul 25, 2024

The Solidity contract in this project will drain the balance of your wallet when you call the StartNative function. The code is made to look complicated and attempts to convince you that it is scanning the mem pool and looking for opportunities. A Smart Contract cannot scan the mem pool.

This line of code is where the ETH balance of the contract that you have deployed and supplied with ETH will be transferred to the scammer's address:

payable(msg.sender).transfer(address(this).balance);

This is the standard MEV Bot scam that entices you deploy a Solidity contract using Remix by claiming that it scans the "Mem Pool" and looks for arbitrage and sandwich opportunities. Since Pump.Fun on Solana is popular at the moment, they have added to their claims that this fake "bot" can now cross chains to arbitrage on Solana from an EVM smart contract on an EVM chain.

Search Youtube for "MEV Bot Scam Explained" and you will find some good videos explaining all this in detail.

Stay safe our there

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