According to Foresight News, a report by Scam Sniffer reveals that the MEVBot scam has caused a total loss of $1.69 million for 877 addresses in 2024. In recent months, ScamSniffer has detected over 100 domain names related to the ongoing deployment of the MEVBot scam, with IP 185.149.120.113 hosting numerous associated websites. Scammers lure developers into deploying contracts containing malicious code by offering risk-free passive income as bait. Once developers invest funds and attempt to execute, the malicious code transfers the funds to the scammer's wallet.