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Crypto Security Firm Certik Warns Over 40% of Telegram Bot Tokens May be Exit Scams

Crypto security firm Certik has revealed that more than 40% of Telegram Bot tokens could be exit scams. "Our analysis shows that over 40% of Telegram Bot tokens could be exit scams," the company said in a Wednesday tweet...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Crypto Security Firm Certik Warns Over 40% of Telegram Bot Tokens May be Exit Scams
Crypto security firm Certik has revealed that more than 40% of Telegram Bot tokens could be exit scams.
"Our analysis shows that over 40% of Telegram Bot tokens could be exit scams," the company said in a Wednesday tweet. 
Certik pointed out that these tokens have witnessed an “astronomical surge” in popularity since July 20, with gains exceeding 1000%.
The company attributes the surge in popularity of Telegram bot tokens to UNIBOT's initial success. ...
Read More: Crypto Security Firm Certik Warns Over 40% of Telegram Bot Tokens May be Exit Scams

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This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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