The Kerberos Telnet protocol, as implemented by KTH Kerberos IV and Kerberos V (Heimdal), does not encrypt authentication and encryption options sent from the server, which allows remote attackers to downgrade authentication and encryption mechanisms via a man-in-the-middle attack.
https://exchange.xforce.ibmcloud.com/vulnerabilities/10640
https://euvd.enisa.europa.eu/vulnerability/EUVD-2001-1424