Mark Cuban got phished for $860K.

By akohad Jan9,2024

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Cuban has an estimated net worth of $6.2 billion as of November 2023, according to Forbes. Cuban sold Broadcast.com to Yahoo for $5.6 billion before the dotcom bubble burst. He also owns Mark Cuban Cost Plus Drug Company, which sells generic prescription drugs at wholesale prices.

Imagine this: You’re a billionaire.

You’ve got investments that will make anyone envious.

You own an NBA team.

You got billions in real estate and various investments.

You have invested in dozens of web3 companies.

You own Bitcoin, Eth and hundreds of NFTs.

Then, one day, you’re out $860K because of a phishing scam.

Mark, the billionaire shark tank investor on TV got phished for nearly a million dollars.

So, how does a shark get caught in the net?

Simple.

The same way anyone does.

A slip of attention, a clever ruse, and poof — crypto gone.

Yeap, people do that. They track the big boys and their wallets.

He download a fake version of MetaMask and logged in.

Allowing hackers to gain access to his wallet.

The attackers swiped his tokens and NFTs like candy from a baby.

And Mark?

He didn’t see it coming.

He was able to salvage millions of dollars in tokens and his CryptoPunk.

That CryptoPunk was worth $77K.

Here’s the thing: Cuban’s no rookie.

He’s the guy with a Midas touch in Web3, holding a trove of NFTs and a portfolio that’s the envy of crypto enthusiasts.

He was a loud supporter of web3 and advocated everyone to jump onboard.

Everyone in crypto is out to get you and your money. Watch out!

Yet, here we are.

Mark’s sitting pretty, even post-phishing.

He is still worth $5,2B.

But this isn’t about the dent in his wallet.

It’s about the glaring sign that screams: “Crypto’s still the Wild West.”

$860K is a lot of moolah no matter what.

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By akohad

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