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

Jan 10, 2026 08:14 AM - 4 months ago 127599

Jay Peters

is a elder newsman covering technology, gaming, and more. He joined The Verge successful 2019 aft astir 2 years astatine Techmeme.

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

Here’s the notification that immoderate group got, per a screenshot successful the Reddit thread (some reported getting a akin notification over email, too):

We’ll triple your crypto! (Limited Time)

Bryan: Betterment is giving back!

We’re celebrating our best-performing twelvemonth yet by tripling Bitcoin and Ethereum deposits for the adjacent 3 hours.

For example, if you nonstop $10,000 successful Bitcoin aliases Ethereum, we’ll nonstop you correct backmost $30,000 to your sending Bitcoin aliases Ethereum address.

Send deposits to these addresses:

A screenshot of a Betterment notification promoting a crypto scam.

Earlier this evening you whitethorn person received a connection referencing a crypto-related Betterment promotion. This was an unauthorized connection sent via a third-party strategy we usage for trading and different customer communications.

Please statement that this is not a existent connection and should beryllium disregarded. We apologize for immoderate confusion.

Follow topics and authors from this communicative to spot much for illustration this successful your personalized homepage provender and to person email updates.