Marc Cuban wallet seen dumping NFTs after 2 years of inactivity
A crypto wallet belonging to billionaire Marc Cuban was spotted selling non-fungible tokens (NFTs) after being inactive for almost two years.
On June 23, the American investor’s wallet with the Ethereum Name Service (ENS) domain “markcuban.eth,” began dumping NFTs. The pieces ranged from EulerBeats Genesis and DeepBlack NFTs to Pudgy Penguins and Wrapped MoonCats.
The wallet’s last sale was recorded on Jan. 13, 2022, when the billionaire investor sold a Roc Aero Pitch Deck NFT for $33.73.
Marc Cuban wallet to sell over $100k in NFTs
Cuban sold 14 NFTs worth about $38,533 in the last two days. The highest-valued NFT that the investor sold was his Pudgy Penguin #6239, which was listed at 9.06 Wrapped Ether (WETH), worth $30,578. The rest of the NFTs ranged from $22 to $1,800.
Apart from the sales, Cuban also plans to sell two high-value NFTs in the wallet. The billionaire listed his Hashtag NFT #MFFL for 15 Ether (ETH), worth over $50,000. In addition, Cuban also listed a BibleNFT piece called Deuteronomy 25:4, for 5 ETH (about $16,000).
If the two NFTs are bought, the wallet will have sold over $100,000 in NFTs in the last two days.
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Marc Cuban’s Gmail hacked
Cuban’s wallet dumping NFTs comes amid a recent security incident involving the 65-year-old investor. On June 23, Cuban claimed his Gmail account was compromised after receiving a fraudulent call.
The American investor said in an X post that someone who claimed to be “Noah” said that Cuban had an intruder and spoofed Google’s recovery methods. “If anyone gets anything from mcuban@gmail.com after 3:30 pm PST it’s not me,” Cuban wrote.
On June 25, Cuban let his followers know that he recovered the account after thanking Google's team publicly on X.
While Cuban’s wallet sold the NFTs on the same day as the hack, it os unclear whether the two events are related.
In 2023, one of Cuban’s crypto wallets was drained of about $870,000 in crypto assets. Etherscan data showed batches of transactions with USD Coin (USDC), Tether (USDT) and Lido Staked Ether (stETH) being withdrawn from the account.
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