A crypto wallet owned by billionaire Marc Cuban has come under fire after selling non-fungible tokens (NFTs) after nearly two years of inactivity.
14 NFTs sold in 2 days
On June 23, the US investor’s wallet, with the Ethereum Name Service (ENS) domain “markcuban.eth”, started selling various NFTs. The collection included works such as EulerBeats Genesis, DeepBlack NFTs, Pudgy Penguins and Wrapped MoonCats.
The last recorded sale of the wallet occurred on January 13, 2022, when Cuban sold a Roc Aero Pitch Deck NFT for $33.73.
In the past two days, Cuban sold 14 NFTs worth approximately $38,533. The most valuable NFT he sold was Pudgy Penguin #6239, listed at 9.06 Wrapped Ether (WETH), valued at $30,578. The remaining NFTs ranged in price from $22 to $1,800.
Even more NFTs on sale list
Additionally, Cuban plans to sell two more valuable NFTs from his wallet. He listed his hashtag NFT #MFFL for 15 Ethereum, worth over $50,000, and a BibleNFT piece called Deuteronomy 25:4 for 5 ETH (around $16,000).
If these two NFTs sell, the wallet would have sold over $100,000 worth of NFTs in just two days.
Recent security incident involving his Gmail account
Cuban’s sale of the NFTs comes amid a recent security incident. On June 23, the 65-year-old investor reported that his Gmail account had been hacked after a fraudulent phone call.
In a post on “If anyone gets anything from [email protected] after 3:30 PM PST, it’s not me,” Cuban warned.
On June 25, Cuban announced that he had restored his account and publicly thanked the Google team on X.
It is not clear whether events are related
Although Cuban’s wallet sold the NFTs on the same day as the hack, it is unclear if the two events are related.
In 2023, one of Cuban’s crypto wallets was emptied, with approximately $870,000 worth of crypto assets stolen. Etherscan data showed that batches of USD Coin, Tether, and Lido Staked Ether (stETH) transactions were withdrawn from the account.
Source: https://newsbit.nl/miljardair-marc-cuban-verkoopt-nfts-na-bijna-2-jaar-van-inactiviteit/
