According to ChainCatcher, the third-party cryptocurrency wallet bot Wallet on Telegram notified users of several updates to its KYC system. From June 3, all default functions except withdrawals will require updated account details (name, phone number and date of birth) to use these functions.

Wallet on Telegram also announced that from May 30, 2024, wallet services will be provided by WOT Global Solution. After the change, all user data will be transferred to WOT Global Solution.

The announcement pointed out that the collected data includes name, address, phone number, transaction data, and any other user data that the wallet may have.