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

Bitcoins

bitcoins Jay Peters

is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme.

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:

bitcoins A screenshot of a Betterment notification promoting a crypto scam.

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.

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.

Jay Peters Read More

Latest

Lil Wayne speaks out after feeling overlooked by Coachella and the Grammys

Music Lil Wayne reacts to Coachell and Grammys snub Award-winning...

Kehlani at 30: How ‘Folded’ Changed Everything | Billboard Women In Music 2026

MusicBillboard Women in Music 2026 Impact Award recipient...

Newsletter

Don't miss

Tesla’s Business Has Become Much More Diversified in Just the Past Five Years. Does That Make Its Stock a Better Buy Today?

Key Points Tesla's energy generation and storage segment generated 27% revenue growth last year. The company's non-automotive segments were able to help offset a double-digit decline in auto revenue in 2025. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) is known for its electric vehicles (EVs), and while they

WD sees sustainability as key business driver in an ‘AI economy’

Hard drive company WD promoted long-term operations and sustainability executive Jackie Jung to become its first chief sustainability officer in February, as it steps up sales to companies building AI data centers. Her vision: Turn sustainability into a “brand” for WD, a strategy that reduces risk for the $6 billion company (formerly known as Western

5 Business Ideas Worth Starting in 2026

If there is one thing Nigerians understand well, it is how to spot opportunity inside hardship. In 2026, that mindset will matter more than ever. The economy is tough, competition is rising, and many people are looking for smarter ways to earn, build, and survive. But even in a difficult environment, some businesses still stand