Telegram malware scams targeting crypto investors surge 2,000% in two months

The number of recorded malware scam incidents targeting crypto investors on Telegram has surpassed traditional phishing attacks, Scam Sniffer analysts reported.

1/6 ? ALERT: Our data shows a concerning trend—Telegram malware scams have surpassed traditional phishing!

From Nov 2024 to Jan 2025:
— Malicious Telegram group scams increased by 2000%+
— Regular phishing remained stable

Here’s why this matters… ? https://t.co/6MQkDWCLrr pic.twitter.com/U6YBtbaPHK

— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) January 16, 2025

By their estimates, from November 2024 to January 2025 the frequency of such attacks increased by 2,000%. To lure victims, attackers use fake verification bots and invitations to “exclusive” trading or airdrop channels.

After a fake verification, malicious code is injected into the clipboard, downloading malware and giving hackers access to passwords, a crypto wallet and browser data.

Scam Sniffer says the tactic emerged as users became more wary of familiar crypto-fraud schemes.

According to Chainalysis statistics, in 2024 the amount of funds stolen in the crypto industry rose by about 21% to $2.2 billion. The largest share came from DeFi services.