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DeFi exploit wave 2026Update 7 of 24
Stolen MEV Funds Flow to Tornado Cash

Tornado Cash Used in JaredFromSubway Exploit Fund Laundering

PrivacyJun 21, 2026

A relentless wave of DeFi exploits—spanning smart contracts, bridges, oracles, and MEV bots—is draining hundreds of millions and pushing 2026 toward record hack losses.

The attacker responsible for a reversal attack on the prominent MEV bot jaredfromsubway.eth, which resulted in losses exceeding $7.5 million, transferred a portion of the stolen funds into Tornado Cash. The exploit and subsequent laundering activity were tracked via on-chain monitoring tools.

2 sources