<ul><li>A user lost $431,000 in three transactions while swapping 442,000 USDC for USDT on Uniswap.</li><li>The transactions appeared to be a result of a sandwich attack, commonly observed on the Ethereum network.</li><li>The swapping wallets were potentially targeted by a maximum extractable value (MEV) bot, which manipulated the swap rates by front- and back-running the transactions.</li><li>The MEV bot was able to profit over $200,000 by back-running the victim's swap orders.</li></ul>

User Swaps 442,000 USDC on UniSwap and Received Just 11,000 USDT: Here’s What Happened

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