Old MEV Bot Scam Rides AI Hype to Return with New Name: SlowMist

In the ever-evolving world of cryptocurrency and blockchain, where innovation and hype often go hand in hand, bad actors are always finding new ways to exploit unsuspecting users. One recent development has seen an **old MEV bot scam** re-emerge, riding the current wave of AI hype, this time under the name **SlowMist**.

### What is MEV?

**MEV (Maximal Extractable Value)** refers to the practice of bots profiting from reordering, including, or censoring transactions within a blockchain’s block production process. Legitimately, MEV is a powerful and widely used mechanism within decentralized finance (DeFi). However, scammers have long taken advantage of the complexities surrounding MEV to trick users into giving up their assets.

### The Return of an Old Scam

This scam originally involved bots that promised to help users capitalize on MEV opportunities, only to lead them into traps where their funds were drained. These bots typically advertised quick profits and leveraged complex blockchain jargon to lure unsuspecting users into interacting with smart contracts they didn’t fully understand.

As AI becomes the latest buzzword in tech and finance, scammers are now **repackaging these old tactics**, integrating AI into their marketing…