Scam Sniffer initially raised the alarm about Telegram malware scams in December last year but says bad actors have since evolved tactics to snare new victims.
Crypto scammers have made a serious pivot to Telegram malware scams, which have now surpassed traditional phishing in volume — increasing 2,000% since November.
In a Jan. 15 X post, the security firm Scam Sniffer said the scams they are encountering aren’t the “typical connect wallet” variety, which involves malicious actors deceiving a user into connecting their digital wallet to a fraudulent website or platform to drain funds.
Instead, scammers are now distributing sophisticated malware through fake verification bots used in fake trading groups, fake airdrop groups and fake alpha groups.