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Scammers Use Telegram to Deploy Wallet-Draining Malware

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By on December 11, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Scammers Use Telegram to Deploy Wallet-Draining Malware appeared first on Coinpedia Fintech News

Recently, blockchain security Scam Sniffer discovered that more and more crypto users are falling victim to the scam associated with malicious Telegram bots. Such verification bots as “OfficiaISafeguardBot” offer potential victims to download the malware which adversely affects wallets.  Fraudsters invite users into the Telegram channels to offer the latter fast access to information that no one else has, and then request an account authentication. The bot introduces the launch of an invalid PowerShell that enables developers to access private keys.  Scam Sniffer had reported scams with a loss of more than $3 million. This shifting new ‘scammer self-service’ model using fake X accounts and Telegram points to growing crypto risks. 

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Wall Street’s $292 billion risk-on rotation just created a new bullish setup for Bitcoin

May 3, 2026

XRP Bulls Eye Breakout As Ripple Unveils 13,000 Bank Connections Worldwide

May 3, 2026

Smart picks and key trends

May 3, 2026

Ethereum unstaking surges 72,000% – Should ETH traders stay cautious?

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