Telegram Malware Scams Outpace Traditional Phishing: Report
Scam Sniffer Exposes Cryptocurrency Phishing Scam The number of attacks on Telegram has jumped more than 2,000% since November 2024, signaling a shift toward sophisticated malware-driven tactics.
The surge in malicious activity highlights the growing risks to the cryptocurrency community that relies on the platform.
Telegram cryptocurrency phishing scams on the rise
Data shared by Scam Sniffer on X (Twitter) shows Telegram scams now exceed Traditional phishing Popular. While regular phishing attacks remain stable, malicious Telegram group scams have exploded, putting users at unprecedented risk.
quote a new scamthis Safety Researchers note that unlike typical “connected wallet” phishing schemes, these Telegram-based scams employ a more sophisticated approach. Specifically, Scam Sniffer cites:
- Fake verification bot: These bots disguise themselves as security tools and trick users into executing malicious commands.
- Fake transactions and airdrop groups: These groups lure victims with the promise of exclusive investment opportunities or free cryptocurrency.
- “Exclusive” Alpha Group: Scammers pose as cryptocurrency influencers to create a sense of urgency to lure victims.
Once a victim participates in a scam—either by executing code or installing “verification” software—they risk exposing sensitive information. This includes passwords, wallet files, browser data, and even clipboard activity, all of which can be used to steal cryptocurrency.
Strategies have also shifted as users have become more wary of signature scams and phishing links. According to Scam Sniffer, the malware provides attackers with broader access and makes it more difficult to track losses. Against this backdrop, researchers warn that this evolution represents a disturbing trend Cryptocurrency Scam.
To combat these threats, Scam Sniffer recommends avoiding running unknown commands or executing scripts from untrusted sources. He also warned against installing unverified software promoted in Telegram groups.
“No legitimate encryption service will ever ask you to execute commands, install verification software, or run scripts from your clipboard” Scam Sniffer reiterate.
The anti-fraud platform also encourages the use of Hardware walletwhich provides an extra layer of security by keeping private keys offline.
Telegram’s role under scrutiny
The rise of Telegram malware scams coincides with other notable trends in cryptocurrency fraud. Security companies are identifying Telegram channel promotes fraudulent activityfurther highlighting the platform’s vulnerabilities.
Scammers also pose as cryptocurrency influencers and invite users to join “exclusive” Telegram groups. An article published by Scam Sniffer in December detailed how these groups use fake verification bots to inject malicious PowerShell code into victims’ systems.
“New sophisticated scam targeting cryptocurrency users via fake Telegram groups. Attackers impersonate multiple cryptocurrency influencers and use malicious bots for verification.” Scam Sniffer explain.
Telegram has faced criticism for its approach to cryptocurrency scams. In Spain the platform is temporary stop Media companies complain about its role in promoting fraud and piracy. At the same time, a user on expressive Frustrated by the platform’s inadequate efforts to curb such activity.
Concerns about Telegram regulation This has intensified following the recent arrest of its CEO, Pavel Durovin France. Durov is accused of conspiring to conduct illegal transactions related to organized crime through Telegram.
He said authorities warned that he could be held personally liable for illegal activity taking place on Telegram due to a lack of action on the platform.
However, the problem has not gone away. Telegram malware scams continue to grow, which shows that users need to be vigilant. As the platform comes under increased scrutiny and scams become more common, cryptocurrency users need to be more cautious than ever.
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