Cryptocurrency wallet owned by billionaire Mark Cuban spotted selling illegal tokens
A cryptocurrency wallet owned by billionaire Mark Cuban has been spotted selling non-fungible tokens (NFTs) after remaining dormant for almost two years.
On June 23, an American investor wallet with the Ethereum Name Service (ENS) domain “markcuban.eth” began dumping NFTs. Coins ranged from EulerBeats Genesis and DeepBlack NFTs to Pudgy Penguins and Wrapped MoonCats.
The wallet’s last sale was recorded on January 13, 2022, when billionaire investor Roc sold the Aero Pitch Deck NFT for $33.73.
Marc Cuban’s wallet sells over $100,000 worth of NFTs
Cuban sold 14 NFTs worth approximately $38,533 over the past two days. The highest value NFT sold by the investor is Pudgy Penguin #6239, which is listed at 9.06 Wrapped Ether (WETH), worth $30,578. The rest of the NFTs ranged between $22 and $1,800.
Besides the sales, Cuban also plans to sell two high-value NFTs in his portfolio. The billionaire listed his NFT hashtag #MFFL for 15 Ethereum (ETH), worth over $50,000. Additionally, Cuban also listed a passage of scripture called Deuteronomy 25:4 for 5 ETH (approximately $16,000).
If two NFTs are purchased, the wallet will have sold over $100,000 worth of NFTs in the last two days.
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Mark Cuban’s Gmail was hacked
The dumping of NFTs into the Cuban wallet comes amid a recent security incident involving the 65-year-old investor. On June 23, Cuban claimed his Gmail account was hacked after receiving a scam call.
The American investor said in a post on Cuban wrote: “If anyone gets anything from… [email protected] After 3:30 p.m. PT, it’s not me.
On June 25, Cuban told his followers that he had his account back after publicly thanking the Google team for X.
Although Cuban Wallet sold NFT tokens on the same day as the hack, it is unclear whether the two events are related to each other.
In 2023, a Cuban cryptocurrency wallet was depleted of approximately $870,000 worth of crypto assets. Etherscan data showed batches of transactions using USD Coin (USDC), Tether (USDT), and Lido Staked Ether (stETH) being withdrawn from the account.
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