Mark Cuban had one of his hot wallets hacked for around $870,000, per Cointelegraph.
According to the transaction history on Etherscan, several batches of assets such as USD Coin, Tether and Lido Staked Ether were suddenly withdrawn from the wallet within a 10-minute window.
Cuban added that he had transferred any remaining assets to Coinbase Custody, essentially confirming that the $2 million USDC transaction was him.
Back in June 2021, Cuban lost an unspecified amount of capital on what he called a “rug pull” after an algorithmic stablecoin project called Iron Finance imploded amid a supposed bank run, per Cointelegraph.
Mark Cuban had one of his hot wallets hacked for around $870,000
9/16/2023
+With Unusual Whales
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.