The popular Telegram-based trading bot, Banana Gun, is currently facing a security breach. Multiple reports from the community indicate that user wallets connected to the bot have been compromised, resulting in the draining of funds.
The Banana Gun team has acknowledged the issue in a pinned message on their official Telegram channel, stating, “We are investigating the issue, bot is currently offline.” Community member yannickcrypto.eth has shared that at least 36 users have been affected, with a total of approximately 563 ETH ($1.4 million) stolen.
Banana Gun is a leading platform for on-chain transactions and token sniping on Telegram. It has facilitated over $6 billion in trading volume from nearly 272,000 users. This is not the first time the project has encountered difficulties; last September, a bug in the contract for the revenue-sharing Banana token led to a botched launch.