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Home»Scam»Billionaire Mark Cuban suffers $870,000 in losses from a crypto hack: report
Crypto Hacks and Cyberattacks Fund About 50% of North Korea's Missile Program: Report
Scam

Billionaire Mark Cuban suffers $870,000 in losses from a crypto hack: report

2023-09-17No Comments2 Mins Read
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Business magnate Mark Cuban has reportedly been hacked into hundreds of thousands of dollars worth of digital assets.

According to a new report from DL News, the billionaire’s MetaMask wallet was hacked and 10 different crypto assets worth $870,000 were stolen from him.

The report shows that Cuban stole Ethereum (ETH), Lido Ether (stETH), SuperRare (RARE), and Ethereum Name Service (ENS) tokens, as well as several unspecified stablecoins. The transfers came first spotted on the blockchain explorer Etherscan by the pseudonymous crypto sleuth Wazz.

As Cuban stated to DL News:

“Someone took me for 5 ETH. I used MetaMask for the first time in months. They must have looked…

I’m pretty sure I downloaded a version of MetaMask with some junk in it.

According to Cuban, the hack occurred when he logged into his account from his phone to clean it out. He says he didn’t know what happened until DL News contacted him.

After being notified, Cuban began locking up or moving his other assets to other platforms, such as US crypto exchange Coinbase. None of the billionaire’s other accounts were exploited by the bad actors.

“MetaMask crashed a few times. I just stopped. Then you sent me an email. That’s why I locked my NFTs (non-fungible tokens) on OpenSea. Transferred all my Polygons to the account…

Since I was only working with the hacked account, none of my others gave up anything.”

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