NOV 1, 2023
Mark Cuban 870K USD Hot Wallet Hack -Could Have Been Prevented?
If your crypto portfolio and personal information are publicly available, you become a high-value target.
Mark Cuban is an American entrepreneur, investor, and owner of the Dallas Mavericks NBA.
As well as an affluent cryptocurrency investor.
But, even someone with such a curriculum was not able to prevent falling for a cryptocurrency hot wallet hack, and recently he lost 870K USD.
This is another example of a public figure who becomes a target of hackers and scammers because they know he is an affluent crypto user and much of his personal information is publicly available for the hackers to find and to use.
Mr.Cuban is most probably also a very busy person and maybe does not have enough time to take Crypto Safety and Digital Security as seriously as he should. This markets it easier for hackers and scammers.
What Did It Happen?
As briefly mentioned above, 870K USD across ten cryptocurrencies were taken from Mr.Cuban's Metamask hot wallet by some unidentified individuals or individuals.
The hack was originally identified and made public by @WazzCryto and reported on his Twitter account.
As reported by Wazz, a dormant crypto wallet (Mark Cuban 2) belonging to Mark Cuban started to display strange behavior.
Many assets were being transferred within a very short span, within a matter of a few minutes, which triggered Wazz's suspicions.
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