Billionaire investor and Shark Tank star Mark Cuban has sold more than 14 NFTs for more than $38,500 amid a hacker taking control of his Gmail account.
The investor was 65 years old Saw sale He acquired Pudgy Penguins NFT #6239 for more than $30,000 at the time of the sale, according to one of his OpenSea wallets with the Ethereum Name Service (ENS) domain “markcuban.eth.”
Other notable NFTs sold by Cuban in the past couple of days included pieces like EulerBeats Genesis, DeepBlack NFTs to EtherIslands, and Wrapped MoonCats with prices ranging from $22 to $1,846.
Along with these sales, on June 24, Cuban also listed two premium NFTs that he plans to sell. These include a Proof of Culture NFT titled Dallas Mavericks for 15 ETH worth $50,331 at the time of writing and a BibleNFT titled Deuteronomy 25:4 for another $16,777.
If the sale goes through, Cuban will have sold more than $100,000 worth of NFTs within a two-day period.
Meanwhile, OpenSea data indicates that Cuban’s wallet, identified as one of two belonging to the Dallas Mavericks NBA franchise owner, currently still contains around 1,600 items. The vast collection of NFTs is valued at more than 1,900 ETH, or about $6.2 million.
The recent disposal of NFTs from Cuban’s wallet comes amid a security incident linked to the billionaire.
On June 23, Cuban took to X to report that his Gmail account had been hacked after a prank call.
He said in the post that a person named “Noah” falsely claimed the presence of an intruder and mimicked Google’s recovery procedures.
“If anyone receives anything from (protected email) after 3:30 PM PT, it’s not from me,” Cuban warned.
By June 25, Cuban regained control of his account and publicly thanked the Google on
Although the hack and sale of NFTs via Cuban’s wallet occurred on the same day, the relationship between the two remains mysterious.
Since the NFT boom of 2021, Cuban A Leading advocate for NFTsand make significant investments in projects and platforms, including CryptoSlam and Mintable.
Cuban continued to be bullish on NFTs in late 2023, telling collectors to buy out of love rather than speculation.
He also drew comparisons between the initial challenges faced by now-booming tech giants like Amazon and Microsoft and the current state of the NFT market, suggesting similar potential for growth.
The sale of Cuban NFTs also occurred at the same time that the price of Bored Ape Yacht Club (BAYC) NFTs dropped significantly, falling below 10 ETH last week. This context has raised speculation about the timing and motives of his sales.
Meanwhile, the broader NFT market has seen a significant decline, reflecting a broader cooling in enthusiasm and investment in this digital asset space.
According to data collected by CryptoSlam, the total NFT sales volume in the last 30 days reached $485 million, which represents a significant decrease of more than 48%.
Cuban’s moves could be interpreted as a reaction to current market conditions or as a calculated move within his larger investment portfolio.
.