Mark Cuban had one of his hot wallets hacked for around $870,000

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history on Etherscan, several batches of assets such as USD Coin, Tether and Lido Staked Ether were suddenly withdrawn from the wallet within a 10-minute window.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.