The team behind popular Telegram-based trading bot Banana Gun are currently investigating reports of user wallets being stolen, incidents that have resulted in the loss of large amounts of funds. Based on feedback from community members, this issue has affected multiple users and the bot has been temporarily taken offline for safety reasons.
Multiple wallet thefts
Multiple users reported having funds stolen from their wallets connected to the Banana Gun Telegram bot. The reports first surfaced among the platform's community, raising concerns about possible security vulnerabilities. The Banana Gun team responded quickly, acknowledging the situation in a pinned message on its official Telegram channel: "We are investigating the issue and the bot is currently offline" and assured that they are actively dealing with the issue.
About $1.4 million in funds reportedly stolen
A well-known community member named yannickcrypto.eth shared the incident on social platform Although these data are worrying, yannickcrypto.eth also pointed out that it is unclear whether Banana Gun itself was directly hacked, as the number of affected users may not be enough to indicate a large-scale vulnerability in the system.
Banana Gun said after the investigation: "We have confirmed that our backend was not compromised. The routers and databases were thoroughly checked and only a very small number of users (less than 10) were affected. Additionally, the transfer appears to have been performed manually . This leads us to believe that the issue may stem from a front-end vulnerability, so we will keep the bot offline while we investigate the root cause."
What is Banana Gun?
Banana Gun is a popular trading bot integrated into Telegram that allows users to conduct on-chain transactions and participate in token sales. This bot is popular due to its easy-to-use experience and efficient functionality in cryptocurrency trading. Banana Gun has facilitated over $6 billion in trading volume to date and has close to 272,000 users, making it one of the top Telegram trading bots in the industry.
This is not the first time Banana Gun has had problems
This isn't the first time Banana Gun has encountered technical difficulties. Back in September, the project faced major drama when it launched its revenue-sharing token, Banana. At that time, due to loopholes in the token contract, the issuance process failed, disappointing users and developers.
The team is currently working to resolve the issue and advises users to avoid connecting wallets to bots until more information is available. It remains to be seen whether this incident will lead to further changes to the platform's security protocols.
This article Banana Gun team investigates wallet theft, Telegram bot has been offline first appeared on Chain News ABMedia.
