According to ZachXBT, Vkevin was involved in a fake Safeguard Telegram bot scam, which involved phishing victims for hundreds of thousands of dollars. This scam was exposed through a 31-minute video showing Vkevin and accomplices in action while in New York. Such fraudulent activities highlight potential risks for cryptocurrency traders using Telegram for trading discussions or bot services. Traders are advised to verify the authenticity of bot services before engaging to prevent financial losses.