Telegram trading bots like BloomTrading manage or hold user private keys to execute automated trades, creating central attack vectors for server-side vulnerabilities.

From the articleSolana Trading Bot Hacked for Nearly $1M, 49 Wallets DrainedAlso in Solana Trading Bot BloomTrading Hit by $954K Wallet Drain, Platform Vows Full Refund, BloomTrading promises refunds after $954K Solana wallet drain, Bloom Bot Hackers Loot $953K Faster than You Can Microwave Popcorn, BloomTrading bot users lose nearly $1M as wallets get drained