Beyond the Bot: Unpacking Telegram Bot Tokens

This report analyzes the emergence of Telegram Bot Tokens (TBTs) — tokens integrated with Telegram trading/chat bots such as Unibot — describing how the bots work, weaknesses in key storage and wallet provisioning, narrative-driven hype (e.g., meme tokens like TETRIS), and confirmed scams including an Ethereum-based exit scam (~$210k loss). It warns users about high financial risk, prevalence of likely dead projects or exit scams, and recommends limiting funds used with these bots and avoiding using them for long-term storage.