Mark Cuban confirmed he lost about $870,000 in a crypto scam after suspicious transfers were spotted from a wallet labeled “Mark Cuban 2” on Etherscan, with on-chain sleuths first noticing the activity before the story was confirmed by DL News. Cuban said he likely downloaded a fake version of MetaMask after searching for Circle on Google, and that his wallet was drained of assets including stablecoins, Lido staked ETH, SuperRare tokens, and ENS domains. Cuban told DL News, “Someone got me for 5 eth,” and said he had gone into MetaMask for the first time in months, suggesting the attacker may have been watching for the wallet to become active. He said he moved the remaining funds to Coinbase custody, limiting the damage after the compromise. The incident matters because it shows that even highly experienced crypto users can be vulnerable to phishing and fake wallet software, and it highlights how quickly a single compromised wallet can lead to losses across multiple tokens.

AI-generated background, compiled from web sources — not editorial content.

More coverage

Explore the topic

More on MetaMask

Comments