Prevent MEV Bot Scams: A Web3 User's Essential Guide to Smart Contract Traps

WalletManager · 2025-12-26T19:07:48+00:00

Web3 security organizations have exposed scams involving MEV Bots, where scammers lure users with enticing tutorial videos to deploy malicious smart contracts, ultimately stealing assets. Victims who fall into the trap are unable to withdraw funds. It is essential to stay vigilant, review contract code, and test with small amounts of funds to prevent such risks.

WalletManager

2025-12-26 19:07:48

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A seemingly perfect money-making tool, the hidden truth behind it

Web3 security agencies have recently exposed a new type of scam—using MEV Bot (Maximum Extractable Value Bot) as a front, through carefully crafted tutorial videos to lure users into deploying malicious smart contracts, ultimately stealing their digital assets. The number of such cases is rapidly increasing, and all cryptocurrency users should be vigilant.

MEV Bot is a legitimate blockchain concept—it refers to an automated program capable of extracting maximum value by identifying and executing on-chain arbitrage opportunities. However, scammers exploit the complexity of this concept and users’ desire for “passive income” to create a multi-layered trap.

How the scam gradually takes effect: from bait to harvest

Step 1: Carefully crafted bait

Scammers upload tutorials on platforms like YouTube, claiming to demonstrate how to deploy an “automatic MEV arbitrage” smart contract. The videos are well-produced, credible, and imply that anyone can achieve financial freedom with this tool. Victims are attracted by the promised high returns and begin following the instructions.

Step 2: False miracle of profits

When victims first invest funds (e.g., 2 ETH) and deploy the contract, the scammer’s true intentions are not yet revealed. They pre-fund the malicious contract with additional Ethereum, creating the illusion that “the robot is making money for you.” When victims check the contract balance, they see not o

ETH0,31%

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