Mark Cuban Loses Over $870K In MetaMask Hack: 'Someone Got Me For 5 ETH'
Portfolio Pulse from Mehab Qureshi
Mark Cuban, the billionaire owner of the Dallas Mavericks, has lost approximately $870,000 in a cryptocurrency scam involving 10 different cryptocurrencies, including 5 Ethereum (ETH). The scam occurred after Cuban used MetaMask, a cryptocurrency wallet, for the first time in months. Cuban suspects that he downloaded a fraudulent version of MetaMask, which allowed scammers to obtain his private keys or seed phrases and drain his cryptocurrency wallets.
September 16, 2023 | 9:36 am
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Mark Cuban's loss of 5 Ethereum (ETH) in a cryptocurrency scam may raise security concerns about the use of MetaMask and other cryptocurrency wallets, potentially impacting the price of Ethereum.
The news of Mark Cuban's loss due to a cryptocurrency scam involving MetaMask may raise concerns about the security of cryptocurrency wallets, which could negatively impact the price of Ethereum in the short term as investors may become more cautious.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100