Billionaire businessman and owner of the Dallas Mavericks, Mark Cuban, confirmed that he fell victim to a cryptocurrency scam and lost approximately $870,000 as a result.
In an interview with DL News on Friday, Mark Cuban disclosed that he suffered a cryptocurrency loss of around $870,000. The incident came to light when approximately $870,000 worth of cryptocurrency was withdrawn from one of Cuban’s MetaMask wallets.
Hacking and Suspicious Activity
Wazz, an independent blockchain researcher, detected suspicious behavior in Cuban’s wallets. Noticing that there had been no activity in one of Cuban’s wallets for about five months, Wazz reported that the hack occurred on September 15th.
Lmao, did Mark Cuban's wallet just get drained?— Wazz (@WazzCrypto) September 15, 2023
Wallet inactive for 160 days and all assets just moved pic.twitter.com/vWnMZFyHB5
“I logged into MetaMask for the first time in months, they must have been watching.”Mark Cuban
$2 Million USDC Transfer
Despite losing a significant portion of his cryptocurrency assets, Cuban reportedly transferred the remaining assets to Coinbase Custody for added security. A $2 million USDC transaction was also part of this process.
He transfered $2M $USDC he had on Matic too, but to a different wallet than the $ETH one— Wazz (@WazzCrypto) September 16, 2023
Seeing as he made a test tx first this time, Im gonna assume it's actually him moving funds here. pic.twitter.com/A7KS4WzGkv
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