Mark Cuban's Metamask was hacked

[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.

The hackers are unknown but I would not be shocked if they blame the Lazarus group again hehehehee.



Mark Cuban, billionaire entrepreneur and owner of the Dallas Mavericks, confirmed to DL News that he has lost approximately $870,000 to a crypto scam late on Friday.

The sudden movements in a wallet marked on blockchain explorer EtherScan as “Mark Cuban 2″ were first spotted by pseudonymous on-chain sleuth WazzCrypto.

Cuban was unaware of the wallet movements when approached by DL News and later said, “Someone got me for 5 eth.”

“I went on MetaMask for the first time in months. They must have been watching,” he told DL News.

Cuban’s losses extended beyond 5 Ether, worth about $9,000 at current prices. Altogether, he was set back by around $870,000 across 10 cryptocurrencies.

Read in full https://www.dlnews.com/articles/people-culture/mark-cuban-loses-870k-to-a-crypto-scam/

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[vv181]

"I’m pretty sure I downloaded a version of MetaMask with some shit in it,”

“MetaMask crashed a couple times. I just stopped. Then you emailed me. So I locked my NFTs on OpenSea. Transferred all my Polygon in the account,

“Since I was only working with the account that got hacked, none of my others gave up anything,”

Indeed we can't know for sure what is the root cause of the hack with only those kinds of details. We might be able to speculate that it may be due to a malicious or unofficial MetaMask, but due to incomplete information, what's confusing is his last statement where only one account got hacked. Supposedly, if the extension or application itself is malicious, all the accounts on the same phrase should be vulnerable.

[Nwada001]

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.

[Godday]

I wonder how Cuban's wallet could have been hacked. I don't know if it's because the hacker is very professional or because he's lucky. But after I read the link I found out that Cuban was likely hacked via a fake metamask extension.

Many fraudsters create fake MetaMask extensions or applications, tricking users into providing their private keys or seed phrases. Once these malicious actors gain access, they can easily drain users’ cryptocurrency wallets.

Maybe it was human error that Cuban was experiencing. I don't know but I don't think this will affect his wealth much.

[o48o]

Cuban was unaware of the wallet movements when approached by DL News and later said, “Someone got me for 5 eth.”

INot sure why they bother to even mention 5 eth when in reality the real value was in other tokens?

“I went on MetaMask for the first time in months. They must have been watching,” he told DL News.

What is he talking about? Why do he think anyone was watching him? Sounds like he has fell for some generic hack and likely the hacker didn't even know who owned the wallet, but drained the wallet via bot. The fact that hacker needed to move 0.1 eth back to move other tokens out speaks for some automatic wallet hack.

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.

They stolen 5 eth from him among the other tokens that were way more valuable, he wasn't lured in for promise of 5 eth, at least from what i can tell from the article and etherscan.

[lovesmayfamilis]

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.

Apparently, the opposite is happening. That person who has only a couple of tens of dollars in his wallet tries to take every precaution so as not to lose his only coins, and the one who has thousands is so irresponsible with his funds. Knowing that our days on the Internet are like an ocean with sharks and so frivolously downloading software without checking it first implies such an ending sooner or later.
We often laugh at those who, without having many valuables, become paranoid about storage, although, if you look closely, it is always better to overdo it than to lose it like that and then blame yourself for inattention.

[alexforneus]

Cuban is falling for so many scams that he’s going to end up being a millionaire, so, i can take care of his assets

[jossiel]

We just have to wait until investigators and freedom researchers will find the reason on how he's got hacked.

But just prepare yourselves that it's not going to be a surprising reason if it was actually him that f**ked. That has ended his wallet's private keys in the hands of the hackers.

Could be another email link that's sent to him and he's too gullible to believe its contents.

[Raflesia]

I wonder how Cuban's wallet could have been hacked. I don't know if it's because the hacker is very professional or because he's lucky. But after I read the link I found out that Cuban was likely hacked via a fake metamask extension.

There is some speculation about this such as when some people say that Cuban has signed something that he shouldn't have from his MetaMask wallet or other speculation by saying that Cuban's private key has been compromised by irresponsible people according to the news I read but in this case what I can learn is how he can confidently store that much asset in a hot wallet which is definitely vulnerable to something like this.
Indeed, there are some coins that are said to be not only large coins but on the other hand, is it necessary for him to store that much asset in a hot wallet because in my opinion this is an action that is impossible for me to accept with my brain.

[DeathAngel]

Sucks for him but luckily he’s worth a lot of money so he won’t be too heavily hit by this hack, which for some would be their entire net worth. Poor personal security through laziness or just bad luck can happen to anybody. I feel sad for him but he will learn from this.

[cryptomaniac_xxx]

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.

Apparently, the opposite is happening. That person who has only a couple of tens of dollars in his wallet tries to take every precaution so as not to lose his only coins, and the one who has thousands is so irresponsible with his funds. Knowing that our days on the Internet are like an ocean with sharks and so frivolously downloading software without checking it first implies such an ending sooner or later.
We often laugh at those who, without having many valuables, become paranoid about storage, although, if you look closely, it is always better to overdo it than to lose it like that and then blame yourself for inattention.

I guess that's what billionaires do, I mean they hide some money on crypto and later they forget everything about it, and then when he went back, everything it gone. But compare to us average joe, who really works very hard to earn and save and accumulate crypto overtime.

And I don't think that Lazarus Group is behind, this entity targets millions of crypto in one heist, so I doubt that they will target some peanuts amount even if it is identified to Mark Cuban.

[wheelz1200]

It's kind of funny if this is true.  He is a little full of himself in terms of being smarter than everyone else.  Wonder what he thought about when he found out it got swiped lol.  Stopped following him once he started riding elon's coattails on doge and being all anti btc.

[EFS]

I don't think Cuban would do such a thing after 5 ETH or any other prize money. This seems more like a PR effort he's doing to get talked about. If he really had been subjected to such a fraud after 5 ETH, he would be ashamed to even talk about it. Although judging by past news, he seems to do this frequently.
This news reminds us once again that even if you are tech-savvy, you should be very careful when using crypto wallets.

[dansus021]

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

[bbc.reporter]

It's kind of funny if this is true.  He is a little full of himself in terms of being smarter than everyone else.  Wonder what he thought about when he found out it got swiped lol.  Stopped following him once he started riding elon's coattails on doge and being all anti btc.

Are loss of funds on hacked wallets tax deductable? I am beginnig to be skeptical. Also, Mark Cuban is not someone stupid and he did not become rich by being tricked easily. I reckon when those funds are mixed and traded into Ethereum, who would know if it was Mark Cuban who bought a bored ape and other NFTs?

He has reduced his taxes and he has bought NFTs without being detected hehehe. Let us not be surprised if another popular CEO's wallet is hacked.

[JollyGood]

What surprised me was the huge amounts of crypto he was holding on browser add-ons. Does it make sense to do that when there are many options available. You can use hardware and desktop wallets but to use a browser is not ideal for long-term storage. Considering he has an estimated wealth of over several billion USD$, he will get over the loss but the news should serve as a lesson for others to not get complacent.

This news reminds us once again that even if you are tech-savvy, you should be very careful when using crypto wallets.

[coin-investor]

I wonder how Cuban's wallet could have been hacked. I don't know if it's because the hacker is very professional or because he's lucky. But after I read the link I found out that Cuban was likely hacked via a fake metamask extension.

Many fraudsters create fake MetaMask extensions or applications, tricking users into providing their private keys or seed phrases. Once these malicious actors gain access, they can easily drain users’ cryptocurrency wallets.

Maybe it was human error that Cuban was experiencing. I don't know but I don't think this will affect his wealth much.

He admitted downloading a version of Metamask that has shit on it from this we can conclude not because you are popular you are good at securing your account its always a case-to-case basis for every holder,
It will not affect his wealth but the thought that he has been hacked will make him realize that he can lose all his Cryptocurrency if he is not mindful of his security.

This is a reminder to all of us to always watch our wallets be updated on the latest method to secure our funds and get updated on how these hackers work so we can take the necessary actions.

[JollyGood]

Every one of us will download software on a regular basis but how many of us verify the signatures? It would take a couple of minutes for the checksum but many of us overlook it and continue to install the software without caution. If there was suitable anti-malware installed it might block the install but again if it is bypassed and installed the damage will inevitably be done.

This incident was unnecessary, he did not have to lose those funds. He really should have paid more attention to what he was downloading and from where. If any good can come from it, we all should look at it as a reminder to verify software before installing regardless of where we download it from.

He admitted downloading a version of Metamask that has shit on it from this we can conclude not because you are popular you are good at securing your account its always a case-to-case basis for every holder,
It will not affect his wealth but the thought that he has been hacked will make him realize that he can lose all his Cryptocurrency if he is not mindful of his security.

This is a reminder to all of us to always watch our wallets be updated on the latest method to secure our funds and get updated on how these hackers work so we can take the necessary actions.

[big kid]

Every one of us will download software on a regular basis but how many of us verify the signatures? It would take a couple of minutes for the checksum but many of us overlook it and continue to install the software without caution. If there was suitable anti-malware installed it might block the install but again if it is bypassed and installed the damage will inevitably be done.

This incident was unnecessary, he did not have to lose those funds. He really should have paid more attention to what he was downloading and from where. If any good can come from it, we all should look at it as a reminder to verify software before installing regardless of where we download it from.

He admitted downloading a version of Metamask that has shit on it from this we can conclude not because you are popular you are good at securing your account its always a case-to-case basis for every holder,
It will not affect his wealth but the thought that he has been hacked will make him realize that he can lose all his Cryptocurrency if he is not mindful of his security.

This is a reminder to all of us to always watch our wallets be updated on the latest method to secure our funds and get updated on how these hackers work so we can take the necessary actions.

This incident is not that big for him. But I hope it will be a big lesson for others.

[SirLancelot]

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.