Solana Foundation Bans Validator Group for Sandwich Attacks

IconCryptoNewsTerminal Staff10 Jun, 2024

cryptonews.jpg

Solana Foundation Bans Validator Group for Sandwich Attacks

Solana (SOL) Foundation has taken decisive action against a group of validators involved in sandwich attacks, removing them from its delegation program. The move comes as part of Solana's ongoing efforts to maintain the security and integrity of its network. Sandwich attacks are a type of malicious activity where validators exploit arbitrage opportunities by inserting their own transactions between user transactions, allowing them to profit at the expense of unsuspecting users. The Solana Foundation has made it clear that such behavior will not be tolerated and that validators who engage in it will face consequences. "Validators that participate in sandwich attacks will continue to be monitored and filtered out of the mempool," the Solana Foundation stated via its official channels. This move sends a strong message that the Foundation is committed to protecting users from malicious actors and ensuring a fair and transparent trading environment on the Solana network.