⚡🚨 SCANDAL - He traded $50 million… and received barely $36,000....
Someone attempted to trade $50 million in USDT for $AAVE via the Aave interface, but despite a warning of extremely high slippage, they confirmed the transaction....
Result: only $324 worth of AAVE received, or approximately $36,100.
Aave founder Stani Kulechov announced that the protocol would reimburse approximately $600,000 in fees.
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⚠ What if the $50 million “failed trade” on Aave wasn’t a mistake… but a money-laundering scheme?
This is the theory put forward by some who believe it’s virtually impossible for someone to accidentally trade $50 million in a pool with barely $36,000 in liquidity.
The wallet had apparently just been created, the funds came from Binance, and despite a warning of massive slippage, the transaction was confirmed.
In the same block, an MEV bot reportedly borrowed $29 million via Morpho and captured nearly $9.9 million in profit.
To some, the scenario resembles a technique already discussed in DeFi: intentionally making a catastrophic trade, letting an MEV bot extract the value, and then turning dirty money into “legitimate MEV profit.”
In a way… an advanced money-laundering technique.
