Banana Gun Telegram Bot Allegedly Hacked, 563 ETH Stolen
NAIROBI (CoinChapter.com)—Reports have emerged indicating that wallets linked to Banana Gun, a popular Telegram-based trading bot, may have been compromised. Multiple users have reported losing funds, prompting the Banana Gun team to take the bot offline for investigation.
563 ETH Stolen in Ongoing Banana Gun Wallet Exploit
The crypto community has flagged the theft of 563 ETH (worth around $1.4 million) from 36 wallets on Ethereum’s mainnet. Yannickcrypto.eth, a well-known figure in the community, raised the alarm on X (formerly Twitter), warning about the exploit: “There are already 36 victims with almost 563 ETH stolen.”
Source: X
A list of hacked wallets has been circulating on X, adding to the community’s concern.
Despite the significant amount stolen, some believe the bot itself may not be at fault. The relatively small number of impacted wallets hints at a targeted attack rather than a widespread breach of Banana Gun’s infrastructure. In response to the issue, the team took the bot offline and is currently investigating the situation.
Although the Banana Gun team has acknowledged the problem, they have not yet released a full statement explaining the extent of the exploit.
Are Solana Network Users Also at Risk?
Unconfirmed reports suggest that wallets connected to Banana Gun on the Solana (SOL) network might also be at risk. While the exact nature of the threat is still unclear, growing concerns have led many users to withdraw their funds as a precautionary measure.
Source: Dune
Banana Gun has seen significant growth over time. According to Dune Analytics, the bot has processed over $6 billion in trading volume across nearly 272,000 users. Despite its popularity, the platform has faced challenges before.
Last year, the launch of Banana Gun’s revenue-sharing Banana token encountered issues due to a bug in the smart contract, leading to delays and raising security concerns. Despite these past hurdles, Banana Gun continues to be a dominant player in the Telegram-based trading bot space.
As the investigation into the current situation unfolds, users remain cautious, with many opting to withdraw their assets to avoid further losses.
Stay tuned to CoinChapter for updates on this developing story.
