Banana Gun, a Telegram-based trading bot, experienced a significant security breach resulting in the loss of $3 million from 11 users. The exploit targeted a vulnerability in a Telegram message oracle. Despite the severity of the attack, Banana Gun has committed to fully refunding all affected users from its treasury. The incident underscores the risks even well-established projects face in the crypto space. The bot has since returned online following the security breach. HalbornSecurity's CTO, Steve, commented on the situation via TheBlock.