crypto scams Archives

AppWizard

May 5, 2026

FEMITBOT Network Abuses Telegram Mini Apps for Crypto Scams and Android Malware

A fraud network called FEMITBOT has emerged, using Telegram's Mini App feature to conduct investment scams and distribute malware. Identified by the research firm CTM360, the network operates through API responses and presents itself as organized. The scams involve Telegram Mini Apps that display phishing pages, fake dashboards showing fictitious earnings, and urgency tactics to pressure users into making quick decisions. FEMITBOT mimics well-known brands like Apple and Coca-Cola to enhance credibility and disseminates Android malware disguised as legitimate applications. The operation is highly organized, utilizing marketing tools to optimize their scams. Users are warned to be cautious of bots requesting deposits before granting access to funds.

AppWizard

May 3, 2026

Telegram Mini Apps abused for crypto scams, Android malware delivery

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.

AppWizard

April 21, 2024

Telegram’s Bold Leap: From Messaging App to Crypto Empire

Telegram's founder Pavel Durov discussed the platform's future at the Token2049 conference, outlining plans for Telegram to become a crypto empire. One of the significant announcements was the integration of the stablecoin USDT on the TON blockchain, allowing millions of users easy access to cryptocurrencies with fixed transaction fees.

AppWizard

April 5, 2024

Scammers con Google using 87 fake crypto apps on Google Play

Google was tricked into hosting fake crypto apps on its Play Store, leading to over 100,000 people falling victim to the scam. The scammers behind the deceptive apps aimed to siphon off users' digital currencies, resulting in losses ranging from a few hundred dollars to tens of thousands. The scam prompted Google to take legal action and remove 87 counterfeit crypto apps, incurring ,000 in investigative costs. The deceptive apps were designed to mimic genuine cryptocurrency exchanges and investment platforms, with the scammers using YouTube and text messaging for marketing.