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Telegram has become a haven for criminal networks in Southeast Asia, helping them to launder stolen funds using crypto, trade hacked data, and acquire tools for fraud, according to a United Nations (UN) report. As reported by Reuters, the UN says the end-to-end encrypted app has fundamentally changed how organized crime operates. It found criminal enterprises in Southeast Asia, including Chinese syndicates, reportedly make between $27.4 billion and $36.5 billion annually. Unlicensed crypto exchanges are also reportedly advertising money laundering services on the app. One advert identified by the UN claimed, “We move three million USDT stolen from overseas per day.”  Criminal networks use Telegram to trade stolen sensitive information, from credit details to passwords, and buy up malware designed to steal funds. At least 10 deepfake software providers were also found to be advertising their services to criminals.  China busts $2 billion USDT money laundering operation Read mor...

Telegram has expanded the powers of its moderators to include private chats, allowing them to flag illegal content for review after the arrest of CEO Pavel Durov in France The move, announced on Telegram’s FAQ page , is a major shift from its previous policy, which treated private groups as off-limits. The change come in the wake of Durov’s arrest, and accusations from the French authorities that Telegram facilitates illegal activities, including child pornography and drug trafficking. Durov Acts On His Promise To Introduce Changes To Telegram Durov c riticized the French authorities following his release from police custody, and said the charges are without merit. He is currently required to remain in France pending trial.  I'm still trying to understand what happened in France. But we hear the concerns. I made it my personal goal to prevent abusers of Telegram's platform from interfering with the future of our 950+ million users. My full post below. https://t.c...

Explore the critical security insights and essential safety practices for navigating the risks of Telegram crypto trading bots in our comprehensive guide. Telegram crypto trading bots have recently emerged as an innovative tool promising to change how complex trades are executed. These bots, operating within the familiar interface of the Telegram messaging app, offer the convenience of swift and efficient trading, enabling users to respond to market changes in real time. However, beneath the surface of this technological convenience lies a web of security concerns that users often disregard.  The incidents involving Unibot and Maestro, two of the most popular Telegram trading bots, are a stark reminder of the vulnerabilities inherent in these platforms. In late October, these bots were compromised in a sophisticated exploit, culminating in a staggering loss of $1.1 million. These breaches highlighted the potential financial risks for individual traders using such tools and also und...