ChainCatcher news, according to Arkham monitoring, yesterday the old token MC of Merit Circle could be purchased and converted to BEAM, then sold at an actual value of 4 times the price. The first MEV Bot to realize this made $111,400 through this transaction in about 12 seconds.It is reported that Merit Circle previously swapped its MC tokens for BEAM. Some on-chain traders mistakenly thought this was an opportunity to acquire the new token at a low price, thus creating this arbitrage opportunity.