Betterment App Users Targeted by $10,000 Crypto Scam Alert

Betterment, a financial app, recently triggered alarm bells with a suspicious notification that urged users to transfer $10,000 to Bitcoin and Ethereum wallets, claiming it would “triple your crypto.” This was highlighted in a Reddit thread where users shared their experiences. The official Betterment account later clarified on X that this was an “unauthorized message” sent through a “third-party system.”

Here’s the notification that some users received, as shown in a screenshot from the Reddit thread (others reported similar messages via email):

> We’ll triple your crypto! (Limited Time)
> Bryan: Betterment is giving back!
> We’re celebrating our best-performing year yet by tripling Bitcoin and Ethereum deposits for the next three hours.
> For example, if you send $10,000 in Bitcoin or Ethereum, we’ll send you right back $30,000 to your sending Bitcoin or Ethereum address.
> Send deposits to these addresses:
[Image: Image: u/tedswiss on Reddit]

In response, Betterment stated:
> Earlier this evening you may have received a message referencing a crypto-related Betterment promotion. This was an unauthorized message sent via a third-party system we use for marketing and other customer communications.
> Please note that this is not a real offer and should be disregarded. We apologize for any confusion.