crypto scams

Cybersecurity researchers have identified a fraud operation named FEMITBOT that exploits Telegram’s Mini App feature to conduct various crypto scams, impersonate reputable brands, and distribute Android malware. This operation uses a unique string in API responses and employs Telegram bots with embedded Mini Apps to create convincing app-like experiences. The scams include fraudulent cryptocurrency platforms and financial services, with impersonation of brands like Apple, Coca-Cola, Disney, eBay, IBM, Moon Pay, NVIDIA, and YouKu. The operation utilizes a shared backend infrastructure, allowing multiple phishing domains to use the same API response. Users interacting with the bots are shown phishing pages within Telegram’s WebView, often featuring fake balances and urgency tactics to prompt deposits or referrals. Additionally, some Mini Apps attempt to distribute malware disguised as legitimate Android APKs. Users are advised to be cautious when engaging with Telegram bots related to cryptocurrency investments and to avoid sideloading APK files.