The Solana Foundation has ousted a group of validator operators from its delegation program for engaging in sandwich attacks on traders. In a sandwich attack, a deceitful trader exploits a network like Ethereum to manipulate asset prices by placing orders before and after a pending transaction. This ensures retail investors receive the worst price while the attacker profits. The Foundation identified these operators through their involvement in mempools, which facilitate sandwich attacks. The decision aligns with rules against malicious activity. Tim Garcia, a Solana validator relations lead, emphasized a zero-tolerance policy for such behavior. Delegation aims to support validators by assigning SOL tokens, enabling staking. Operators misusing meme pools to scam users are condemned. The Foundation remains dedicated to safeguarding retail investors from exploitation and financial losses due to fraudulent practices. Read more AI-generated news on: https://app.chaingpt.org/news
