The week ended poorly for tech billionaire Mark Cuban, who decided to dabble in crypto after months of inactivity and fell victim to a crypto scam late Friday. Although blockchain watchers flagged the transactions, allowing him to move other holdings to safety, he lost $870,000 across a number of cryptocurrencies.

The entrepreneur managed to hold onto the crypto he had on Polygon (MATIC), but his wallet was drained of a number of stablecoins, Lido staked ETH, SuperRare, and Ethereum Name Service (.ens domains) tokens.

Pseudonymous on-chain sleuth @WazzCrypto was the first to notice that something was up.

“Did Mark Cuban’s wallet just get drained?” he asked on Twitter, claiming that the tech mogul’s wallet had been inactive for 160 days when funds suddenly began moving.

Wazz posted screenshots of crypto wallets linked to Cuban showing several Go to Source to See Full Article
Author: Pedro Solimano

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