Betterment Users Are Being Targeted in This Crypto Scam
Customers of automated investment platform Betterment are being targeted with a cryptocurrency rewards scam following a data breach that allowed threat actors to obtain some user data and send fake emails promising huge returns on Bitcoin and Ethereum deposits.
According to a Jan. 12 security update posted on Betterment’s website (and sent to users via email), hackers gained unauthorized access on Jan. 9 to a third-party platform used for marketing and operations. Following the breach, they sent fraudulent messages to some customers with offers to triple crypto investments.
Betterment crypto rewards scam
The scam emails were sent to Betterment users on Jan. 9, soon after the data breach, with subject lines like “We’ll…




