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Billionaire Mark Cuban Suffers $870,000 in Losses to a Crypto Hack: Report

September 17, 2023
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Enterprise magnate Mark Cuban has reportedly been hacked to the tune of tons of of hundreds of {dollars} value of digital belongings.

Based on a brand new report by DL Information, the billionaire’s MetaMask pockets was hacked and 10 completely different crypto belongings value $870,000 had been stolen from him.

The report finds that Cuban had Ethereum (ETH), Lido staked Ether (stETH), SuperRare (RARE), and Ethereum Identify Service (ENS) tokens stolen from him, in addition to numerous unspecified stablecoins. The transfers had been first noticed on the blockchain explorer Etherscan by pseudonymous crypto sleuth Wazz.

As said by Cuban to DL Information,

“Somebody obtained me for five ETH. I went on MetaMask for the primary time in months. They will need to have been watching…

I’m fairly certain I downloaded a model of MetaMask with some shit in it.”

Based on Cuban, the hack occurred when he logged into his account from his cellphone to wash it up. He says he was unaware of what was occurring till DL Information contacted him.

As soon as he was notified, Cuban began locking up his different belongings or shifting them to different platforms, akin to the highest US-based crypto alternate Coinbase. Not one of the billionaire’s different accounts had been exploited by the dangerous actors.

“MetaMask crashed a pair occasions. I simply stopped. Then you definitely emailed me. So I locked my NFTs (non-fungible tokens) on OpenSea. Transferred all my Polygon within the account…

Since I used to be solely working with the account that obtained hacked, none of my others gave up something.”

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Disclaimer: Opinions expressed at The Each day Hodl usually are not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any loses you could incur are your accountability. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please word that The Each day Hodl participates in affiliate marketing online.

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