An open source client gives a false sense of security as the APK you're downloading is compiled. In the end you still need to decompile the APK to know what it is really doing.

Open source client doesn't matter in mobile world, as you never compile the app yourself. This is only misleading to the non-tech users who don't get how the whole thing works. That's why Telegram's claim of security is total garbage because while their client is "open source", the backend is that has all the messages is not. Something they don't clearly state on their website.

So the Telegram's admins can read all the messages in plain text on the backend. So "open source" client means absolutely nothing for the security.