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Banana Gun Telegram Bot Hack Results in $1.9 Million Theft

Sep 19, 2024
  1. Scale of the Hack
  2. Community Reaction
  3. About Banana Gun

Users of the Banana Gun Telegram bot reported significant losses due to a major breach in the system.

Scale of the Hack

Community members on X reported that attackers siphoned off about 563 ETH ($1.4 million) from 36 unique wallets of the bot. An update from Cointelegraph stated that the total amount stolen reached $1.9 million. Hakan Unal, senior security operation center lead at Cyvers, mentioned that 11 attackers were involved. 'Hundreds of users have already been affected,' said Unal. The Banana Gun team has temporarily taken the bot offline for investigation.

Community Reaction

Users expressed frustration with the breach and how the Banana Gun team handled the situation, requesting better communication and more transparency. All compromised accounts belonged to users of the automated trading and token launch bot.

About Banana Gun

Banana Gun develops Telegram trading bots on EVM and Solana networks. The platform assists users in executing token snipe trading strategies and monitoring new token launches. The hack happened less than two weeks after the resurgence of the crypto toolkit Angel Drainer, recently used to deploy malicious applications.

The investigation into the incident is ongoing, and users are awaiting further updates and clarifications from the Banana Gun team.

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