Betterment Warns Users After Fake Crypto Promotion Promised Triple Returns
Cointelegraph
Betterment warned users about an unauthorized crypto promotion message promising tripled returns for sending BTC or ETH to specified wallets.Summary
Digital investing platform Betterment issued a warning to users to disregard a fraudulent cryptocurrency promotion message that circulated on Friday. The unauthorized notification, sent via a third-party marketing system, urged recipients to send up to $10,000 in Bitcoin (BTC) or Ether (ETH) to specific wallet addresses, promising to triple the funds and return them within hours. Betterment confirmed the message was not legitimate, apologizing for the confusion. The scam closely mirrored common crypto tactics, such as time pressure and guaranteed high returns. Although Betterment is primarily a robo-advisor, it offers crypto investing as a linked product.
(Source：Cointelegraph)