Yikes. Robo-advisor giant Betterment accidentally played the role of a scammer this weekend. On Friday, users received a terrifying notification urging them to send $10,000 to crypto wallets with a promise to “triple your crypto.”
As if that wasn’t suspicious enough, the message was signed by “Bryan: Betterment is giving back!”—a classic hallmark of social engineering attacks. The alert, which also landed in some inboxes, claimed the company was celebrating its “best-performing year.”
Betterment quickly took to X (formerly Twitter) to clarify that this was an “unauthorized message” sent via a compromised “third-party system.” While they stopped short of a full data breach confirmation, the incident serves as a stark reminder: even legitimate fintech apps can be hijacked to push crypto scams. If you got this message, delete it immediately.
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