- According to Bitrace, there is a high risk of user address contamination by Telegram bots.
- Most Telegram bots are linked to gambling, money laundering, and fraud.
- The Telegram coin exchange bot predominantly uses the TRC-20 USDT stablecoin.
According to Bitrace, a London-based British investment company, there is a high risk of user address contamination by Telegram bots linked to gambling, money laundering, and fraud. The outfit raised the alarm over the Telegram coin exchange bot that predominantly uses the TRC-20 USDT stablecoin.
Bitrace research reminds that the Telegram coin exchange robot, mostly with Trc20 USDT, has a large number of gambler addresses, money laundering addresses, stolen coin addresses and fraudulent addresses, which may contaminate the user's address. https://t.co/GHw0lr1lDI— Wu Blockchain (@WuBlockchain) November 6, 2023
A recent report reveals that users who use the Telegram bot run the risk of their addresses becoming contaminated by these nefarious activities despite the flexibility the platform provides for convenient transactions.
Bitrace research reported that several gamblers use specialized filters to procure blockcha…
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