Mark Cuban's Metamask was hacked

[JollyGood]

If the issue was not serious it would have been somewhat laughable and passed off as a joke. To be honest, it sounded more like a publicity stunt than a serious incident that should make us all more cautious about the software we install on our devices. The lesson is there for all to learn regarding verifying the software before installing it (checksum/signature) but it does seem strange why he would use Metamask to hold any form of assets especially to the value of approximately $870,000.

Sorry about the incident, I didn't know that even billionaires get scammed like this. These scams are supposed to be for the people who don't have a lot of money and when someone promises big returns to them they get excited and greedy thinking that they can earn a lot of money with what they have and then the scammer takes away what they have. But if someone has millions or billions of dollars, why would they be interested in getting 5 ETH from someone?

It was most probably done by a phishing website or something where he might have connected his wallet, or as he said, he might have downloaded the extension from somewhere unsafe and not from the official source which is a newbie mistake and someone of his calibre shouldn't have done that.

[OgNasty]

It’s pretty crazy that someone as involved in crypto and with as much business and financial/technical knowledge as Mark Cuban could still manage to easily lose their money from their wallet. This is a danger that will definitely keep web3 from gaining adoption. Be careful out there folks. The scammers are everywhere and constantly evolving.

[nelson4lov]

It was not clear how he was hacked, however, he mentioned that the hackers got him for 5 ETH and he has not used the wallet for 160 days. But when he began to use it, his Metamask was drained to zero. Someone might have promised him a 5 ETH profit and what occurred was a $870,000 surprise hehehe.

Mark Cuban is not best role model to look up to when it comes to security of our crypto assets. According to what I read, he was phished. He downloaded Metamask after searching on Google and clicked one of those phishing links.

It’s pretty crazy that someone as involved in crypto and with as much business and financial/technical knowledge as Mark Cuban could still manage to easily lose their money from their wallet. This is a danger that will definitely keep web3 from gaining adoption. Be careful out there folks. The scammers are everywhere and constantly evolving.

With basic security know-how, everyone can protect their crypto assets better. At the end of the day, majority of the hacks in web3 space is either negligence of the protocol developer or ignorance of the year.

[Hispo]

I just gonna say if Mark Cuban keeps it on exchange maybe he is one of the sim-swapping attacks but if he keeps in on Metamask it is definitely a hack or he just doesn't save the private key properly or the phone got hacked.

But he is a billionaire I don't think him not save their precious like this hahaha

Regardless of whether what the economical status of a person is, if that person is not willing to take care of their private keys in a proper way or educate themselves, then it would better for them not to engage in with wallets or cryptocurrencies.

Sure, in this care it is a blow which may not affect him, but due to the unfortunate history of this person with crypto, I would not be surprised if he ended up losing more in the future.

It is one of those cases when maybe, one needs to realize a person is not supposed to hold crypto and just stick to mechanisms within traditional banking.

[Saisher]

It’s pretty crazy that someone as involved in crypto and with as much business and financial/technical knowledge as Mark Cuban could still manage to easily lose their money from their wallet. This is a danger that will definitely keep web3 from gaining adoption. Be careful out there folks. The scammers are everywhere and constantly evolving.

Hackers show no mercy even to investors like Mark Cuban in fact they will treat it as an achievement or a feather in their cap and this only shows even if you're a big name in the industry a false move or you are careless you will fall to a hacker's trap.

Mark already admitted his carelessness in downloading a wallet that is full of shit, so be careful and try to be better than Mark anyway the amount is nothing to Mark but for us can't afford to lose any amount.

[abel1337]

Imagine that Mark Cuban who is a successful entrepreneur and has an absolute idea on what he is doing is hacked. I doubt that he got fished because of those 5 ETH, 5 ETH is nothing to him and there's a reason why he said about that thing. This is why we should be careful on what we are showing in the internet because all of us can possibly be a victim. He may be targeted by some hacker (knowing that he's rich) or he do this kind of false hack to himself to avoid tax or show hackers that he doesn't have anything in his wallet any more, in short Mark Cuban might want to show hackers that they can't gain anything from him anymore.

There's so much speculation running through my head because of this topic, we need clearer evidence or explanation why this accident occur.

[o48o]

Sorry about the incident, I didn't know that even billionaires get scammed like this. These scams are supposed to be for the people who don't have a lot of money and when someone promises big returns to them they get excited and greedy thinking that they can earn a lot of money with what they have and then the scammer takes away what they have. But if someone has millions or billions of dollars, why would they be interested in getting 5 ETH from someone?

It was most probably done by a phishing website or something where he might have connected his wallet, or as he said, he might have downloaded the extension from somewhere unsafe and not from the official source which is a newbie mistake and someone of his calibre shouldn't have done that.

He didn't, it seems that no one looked past the headline here.

He was scammed 5 eth with the tokens valued way more than that. He wasn't lured in for a scam for 5 eth. He was hacked. How he was hacked is whole another thing that we are not sure about yet. But probably he was just a victim of some basic wallet drainer. Or so it would seem, because tokens were taken after hacker realized that there were way more than that 5 eth to steal.

[Sophokles]

It’s pretty crazy that someone as involved in crypto and with as much business and financial/technical knowledge as Mark Cuban could still manage to easily lose their money from their wallet. This is a danger that will definitely keep web3 from gaining adoption. Be careful out there folks. The scammers are everywhere and constantly evolving.

Hackers show no mercy even to investors like Mark Cuban in fact they will treat it as an achievement or a feather in their cap and this only shows even if you're a big name in the industry a false move or you are careless you will fall to a hacker's trap.

Mark already admitted his carelessness in downloading a wallet that is full of shit, so be careful and try to be better than Mark anyway the amount is nothing to Mark but for us can't afford to lose any amount.

Big fish are an attractive target for a hacker. These hackers know how to clear their footsteps and use those funds unnoticed. Blockchain is transparent, and their trace can be tracked, but still, they have tarnished influential personalities like Vitalik, Mark Cuban --I'm not sure what he was thinking when he installed that wallet... Who keeps that much money in a metamask?

[bbc.reporter]

It was not clear how he was hacked, however, he mentioned that the hackers got him for 5 ETH and he has not used the wallet for 160 days. But when he began to use it, his Metamask was drained to zero. Someone might have promised him a 5 ETH profit and what occurred was a $870,000 surprise hehehe.

Mark Cuban is not best role model to look up to when it comes to security of our crypto assets. According to what I read, he was phished. He downloaded Metamask after searching on Google and clicked one of those phishing links.

This might also then be Google's fault for not doing a good job on checking who are these people that request for sponsored ads to be shared  in their search results. Many of these phishing attacks that have occurred in the cryptospace were from those fake sponsored google links.

In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.

[jossiel]

In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.

I am also having doubts about the hack. He's a billionaire and he knows his thing. He's not been around to the cryptospace as if he's really a newbie.

No he's not.

But if this case is for real, then this just means that even the most experienced and rich people do really commit a mistake, an expensive mistake to say.

[AmoreJaz]

In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.

I am also having doubts about the hack. He's a billionaire and he knows his thing. He's not been around to the cryptospace as if he's really a newbie.

No he's not.

But if this case is for real, then this just means that even the most experienced and rich people do really commit a mistake, an expensive mistake to say.

we can't say that for sure. sometimes, simple things you can forget, esp if you have lots of things to think about. so for me, he's also the same with us. you can commit some mistakes. and forget some few things.
the difference is, that amount won't make him bankrupt, his life still goes on. whereas, if it happens to us, i don't think we can recover fast. it is like your lifetime's savings already.

[JollyGood]

As intelligent as he might be, maybe Cuban did download malware/fake software himself and if time is of the essence it makes it more probable. Still, it would be almost unreal if he was doing many of those things himself. Does he not have a team of assistants to run various chores and errands for him? Considering his wealth, that is something that usually comes with the trappings of being rich.

we can't say that for sure. sometimes, simple things you can forget, esp if you have lots of things to think about. so for me, he's also the same with us. you can commit some mistakes. and forget some few things.
the difference is, that amount won't make him bankrupt, his life still goes on. whereas, if it happens to us, i don't think we can recover fast. it is like your lifetime's savings already.

[ndutndut]

It turns out, even if a billionaire is not careful in guarding his wallet, he will experience hacking. From this case, I personally have to be more careful in maintaining wallet security, because in my opinion the biggest risk in crypto is actually due to fraud, not because the price is falling. I don't know why he was so careless, it looks like Mark Cuban accidentally downloaded a very sophisticated trojan into his MetaMask. In other words, he was tricked into downloading malware that compromised his wallet. Because almost all metamask wallet "hacks" that occur are caused by scams like this.

[jossiel]

In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.

I am also having doubts about the hack. He's a billionaire and he knows his thing. He's not been around to the cryptospace as if he's really a newbie.

No he's not.

But if this case is for real, then this just means that even the most experienced and rich people do really commit a mistake, an expensive mistake to say.

we can't say that for sure. sometimes, simple things you can forget, esp if you have lots of things to think about. so for me, he's also the same with us. you can commit some mistakes. and forget some few things.
the difference is, that amount won't make him bankrupt, his life still goes on. whereas, if it happens to us, i don't think we can recover fast. it is like your lifetime's savings already.

Yeah, I do get that even if we're here for too long. We've got some basic background technically of how to take care of our funds.

But with little mistake, this is for sure going to bring a lot of losses for him. It could be just a few percent of his wealth but for people like us, that's a lot.

He's just not careful at all and probably will discourage himself to get back on his shoes on this investment that he's got on the crypto market.

[GreatArkansas]

Imagine that Mark Cuban who is a successful entrepreneur and has an absolute idea on what he is doing is hacked.
(....)

This is why it is really important to learn basic things about internet security. You already said it, even Mark Cuban who we know that he is into technology. It means he is very not cautious.
So for me, what happened on Mark Cuban is just a normal day for other people who are also getting hacked because of their own doings or not being cautious. Well, can't blame them, it must be a lesson to them.

[bbc.reporter]

In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.

I am also having doubts about the hack. He's a billionaire and he knows his thing. He's not been around to the cryptospace as if he's really a newbie.

No he's not.

But if this case is for real, then this just means that even the most experienced and rich people do really commit a mistake, an expensive mistake to say.

The skeptical me is thinking that Mark Cuban might have wanted to launder the coins in the wallet, however, the wallet is publicly known as his wallet. The only move he can make is have his wallet drained to zero, claim it was hacked and mix those coins where they cannot be detected anymore. He can presently buy new tokens and NFTs without public knowledge. It is also the best time to speculate on some undervalued NFTs again that could be bluechips on the next bull market.

[Oasisman]

How can someone who has over $870,000 worth of crypto across his metamask wallet be moved by a promise of eth, which will be around $8k +? This one is really on him, and he should not blame anyone for his mistake. Who knows, this could just be some cheap hackers who don't even know the amount he had in their wallet before they made their hacking attempts, because if they had known, I believe they could have used a higher amount in order to lure him in to the scam.
 
Just the fifth, which made him lose access to a fortune, well, I don't even think this will hurt him that much.

He's a businessman there some things they take a risks for which we won't be able to understand, just like how he got moved with that ETH promise lol.
Nevertheless, this won't going to hurt his wealth.
He said it could be the Metamask extension that caused the hacking incident, he even said that he hasn't moved this wallet for months until that specific time and so he suspected that he has been watched all the time. Well, obviously yes! Any person with ridiculous amount of wealth will be a primary target for any financial attacks.

[Blitzboy]

Don't dismiss Mark Cuban's situation as an "oh, poor billionaire" moment. This may happen to anyone. A 5 ETH hack hit him, but the ripples are bigger. Around $870,000 for 10 cryptocurrencies? This incident should wake everyone up, especially those who engage in DeFi, altcoins, etc.

Is it the Lazarus group again? Maybe. But hackers are everywhere, waiting to exploit your weaknesses. Are your private keys secure? Have you heard of two-factor authentication or hardware wallets? Educate yourself or cybercriminals will target you.

You may laugh at Mark Cuban's tragedy, but you may be the next headline. Stop treating crypto like a video game and tighten your security. Money matters and losses hurt.

[jossiel]

In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.

I am also having doubts about the hack. He's a billionaire and he knows his thing. He's not been around to the cryptospace as if he's really a newbie.

No he's not.

But if this case is for real, then this just means that even the most experienced and rich people do really commit a mistake, an expensive mistake to say.

The skeptical me is thinking that Mark Cuban might have wanted to launder the coins in the wallet, however, the wallet is publicly known as his wallet. The only move he can make is have his wallet drained to zero, claim it was hacked and mix those coins where they cannot be detected anymore. He can presently buy new tokens and NFTs without public knowledge. It is also the best time to speculate on some undervalued NFTs again that could be bluechips on the next bull market.

Possible.

Didn't he gave any words about this since he's been in the headlines and news. He probably forgotten that eyes of everyone are all on these famous people like him and their wallets.

Well, obviously yes! Any person with ridiculous amount of wealth will be a primary target for any financial attacks.

Let's just say that it is every person whether with huge or small amount of wealth on their wallets can be targeted. These hackers don't choose their victims, everyone is their potential victim.

[Kavelj22]

Although he lost a large fortune, I do not think that this loss affected him much, especially since he found the courage to use a wallet containing this value of assets on an unknown site, which later turned out to be a successful scam attempt.

From the information mentioned in the article, there are no clear details about how the hackers succeeded in their operation, only by promising a percentage of profits that is considered very small compared to the amount they found on the wallet, and most likely they were not expecting that in the first place.