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Betterment Warns Users Against Unauthorized Bitcoin and Ether Promotion Scam

Published on January 10, 2026

Categories: Scam Alert Security Consumer Protection Bitcoin Ethereum

Betterment, an investment advisory company, has issued a public warning to its users about an unauthorized crypto promotion message. This fraudulent message claimed that Betterment would 'triple' Bitcoin and Ether deposits within hours, encouraging users to transfer $10,000 to specified crypto wallets, indicative of a phishing or scam attempt.

Betterment urges users to ignore ‘unauthorized’ crypto promotion message

The message claimed Betterment would “triple” Bitcoin and Ether deposits sent within hours, urging users to transfer $10,000 to crypto wallets.

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BTC -8

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Social Media Prompt

A digital illustration showing a prominent warning sign overlaid on a blurred background of Bitcoin and Ethereum logos, with a shield icon representing consumer protection or security. The image should convey a sense of alert and vigilance against fraudulent schemes.