Telegram bots such as Unibot, Swipe, WagieBot, and Bolt are becoming increasingly popular among crypto traders due to their user-friendly nature. However, experts are worried about the security of these bots as they handle user assets and private keys. The bots may pose risks to users, including data breaches and loss of assets to cybercriminals.

Some experts are calling for security audits to ensure that these bots adhere to best practices and protect user data and assets. Halborn's COO, Dave Schwed, has emphasized the importance of third-party security audits and end-to-end encryption in safeguarding user data and assets.