Mark Cuban Sells Over $100,000 in NFTs Amid Recent Gmail Hack

Mark Cuban Sells Over $100,000 in NFTs Amid Recent Gmail Hack

A crypto wallet owned by billionaire Mark Cuban, which had been dormant for nearly two years, was recently observed selling non-fungible tokens (NFTs). On June 23, the American investor’s wallet, associated with the Ethereum Name Service (ENS) domain “markcuban.eth,” began offloading NFTs. The items sold ranged from EulerBeats Genesis and DeepBlack NFTs to Pudgy Penguins and Wrapped MoonCats.

The wallet’s previous transaction occurred on January 13, 2022, when Cuban sold a Roc Aero Pitch Deck NFT for $33.73.

Mark Cuban’s Wallet Sells Over $100,000 in NFTs

In the past two days, Cuban sold 14 NFTs worth approximately $38,533. The highest-valued NFT sold was his Pudgy Penguin #6239, listed at 9.06 Wrapped Ether (WETH), worth $30,578. The prices of the other NFTs varied between $22 and $1,800.

Besides these sales, Cuban also plans to sell two high-value NFTs currently in the wallet. He listed his Hashtag NFT #MFFL for 15 Ether, valued at over $50,000. Additionally, Cuban listed a BibleNFT piece titled Deuteronomy 25:4 for 5 ETH, roughly $16,000.

Should these two NFTs be sold, the total value of NFTs sold from the wallet in the last two days will exceed $100,000.

Mark Cuban’s Gmail Account Hacked

Cuban’s NFT liquidation coincides with a recent security breach involving his Gmail account. On June 23, the 65-year-old investor reported that his Gmail account was compromised following a fraudulent phone call. In a post on X, Cuban revealed that an individual, identifying as “Noah,” claimed there was an intruder and spoofed Google’s recovery methods. “If anyone receives any emails from mcuban@gmail.com after 3:30 pm PST, it’s not me,” Cuban warned.

By June 25, Cuban informed his followers that he had regained control of the account and publicly thanked Google’s team on X.

While the NFT sales occurred on the same day as the hack, it remains uncertain if the two incidents are connected.

In 2023, one of Cuban’s crypto wallets was drained of approximately $870,000 in assets. Etherscan data showed a series of transactions involving USD Coin, Tether, and Lido Staked Ether (stETH) being withdrawn from the account.