**Crypto Scam Alert: Fake Bots and Phishing on the Rise**

Scam Sniffer has flagged a new wave of crypto scams involving fake Telegram verification bots. These bots, disguised as "OfficiaISafeguardBot," inject malware into systems, targeting crypto wallets. Scammers impersonate popular crypto influencers on X, luring users into malicious Telegram groups with investment promises.

Once inside, users face a fake verification process that compromises their systems. Recent cases have resulted in significant financial losses, with some victims losing over $3 million. The scam landscape is evolving rapidly, with an average of 300 impersonator accounts detected daily. Stay vigilant and verify sources before engaging online.