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Tech billionaire Mark Cuban recently lost nearly $900,000 worth of crypto to a scam that could happen to any crypto owner. On Friday, apparent hackers drained Cuban's digital wallet of around $870,000 worth of various types of cryptocurrencies, including various stablecoins, SuperRare and Ethereum Name Service tokens, according to crypto news outlet DL News. However, Cuban says he believes he downloaded a fraudulent version of the popular app that he found in a Google search, according to DL News. That's one reason financial experts advise against putting more money into crypto than you're willing to potentially lose. Before the hackers made off with more of Cubans digital funds, he says he was able to transfer his remaining virtual assets to Coinbase, per DL News.
Persons: Mark Cuban, Kenny Estes, they're Organizations: Tech, Cuban, CNBC Locations: MetaMask
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDiffuse CEO Kenny Estes explains what led to bitcoin's big dropDiffuse CEO Kenny Estes weighs in on what could have caused bitcoin's big drop last week and describes the opportunities for investors amid the current environment.
Persons: Kenny Estes
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