Betterment’s financial app sends customers a $10,000 crypto scam message

Betterment, a financial app, sent a sketchy-looking notification on Friday asking users to send $10,000 to Bitcoin and Ethereum crypto wallets and promising to “triple your crypto,” according to a thread on Reddit. The Betterment account says in an X thread that this was an “unauthorized message” that was sent via a “third-party system.”

Here’s the notification that some people got, per a screenshot in the Reddit thread (some reported getting a similar notification over email, too):

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:

And here is Betterment’s response:

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.