The exploit happened thanks to a vulnerability that the brothers discovered in MEV-boost, a piece of software used by roughly 90% of the validators that run the blockchain, allowing them to see the transactions in blocks before they were officially sent off to validators.

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The exploit happened thanks to a vulnerability that the brothers discovered in MEV-boost, a piece of software used by roughly 90% of the validators that run the blockchain, allowing them to see the transactions in blocks before they were officially sent off to validators.

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How MIT Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M

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https://www.coindesk.com/tech/2024/05/16/how-2-brothers-allegedly-cheated-a-noxious-but-accepted-ethereum-practice-for-25m/

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Brothers Anton and James Peraire-Bueno exploited a vulnerability in MEV-Boost, a software used by 90% of Ethereum validators, to access and manipulate transactions.

Crypto

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