According to The Verge, financial app Betterment sent suspicious notifications to users on Friday, asking them to send $10,000 to Bitcoin and Ethereum wallets, promising to "return three times the amount in cryptocurrency." According to screenshots shared by users on Reddit, the notification claimed: "Betterment is giving back to our users! To celebrate our best year ever, we will return three times the amount in Bitcoin and Ethereum deposits within the next three hours. For example, if you send Bitcoin or Ethereum worth $10,000, we will return $30,000 to your sending address." Betterment later responded on the social media platform X, stating that the message was an "unauthorized communication" sent through a third-party system they use for marketing and customer communication. They emphasized that the offer was not legitimate and should be ignored.
Betterment Sends Unauthorized Crypto Scam Notifications to Users
TechFlowShare
Summary
A cryptocurrency scam warning was issued after Betterment users received fake notifications offering to triple their Bitcoin or Ethereum deposits. The message, shared on Reddit, urged users to transfer $10,000 in cryptocurrency. Betterment confirmed that the offer was unauthorized and had been sent through a third-party system. The company warned users to ignore the scam. On-chain news highlights the increasing risks of phishing attacks in the cryptocurrency space.
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