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Fortune

Marco Quiroz-Gutierrez

Billionaire Mark Cuban loses $870,000 in crypto scam

Mark Cuban Crypto

(Credit: Photo by Quinn Harris/Getty Images)

Even billionaire NBA owners aren’t immune from crypto exploits.

On Monday, Dallas Mavericks owner and Shark Tank investor Mark Cuban lost $870,000 worth of tokens in a crypto scam that drained one of his digital wallets. The weekend attack, first tweeted by pseudonymous Twitter user @WazzCrypto, came after 160 days of inactivity for Cuban’s wallet and drained it of 10 types of tokens, including the stablecoin USDC, Lido-staked Ether, SuperRare tokens, and Ethereum Name Service.

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