Did Mark Cuban Really Lose Nearly $1M to a Crypto Scam?

Dallas Mavericks owner Mark Cuban lost nearly $870,000 worth of tokens in a phishing attack over the weekend

Phishing attacks are a major threat in the crypto world, tricking users into sharing sensitive information or downloading malware

Cuban's wallet was drained of stablecoins, staked ETH, SuperRare tokens, and Ethereum Name Service domains

Fortunately, Mark Cuban managed to save over $2.5 million in Polygon's MATIC tokens by taking quick action and transferring them to Coinbase

The phishing attack targeted Cuban through a fake MetaMask wallet application, a reminder to always verify your sources when dealing with crypto

This isn't the first high-profile phishing attack this month. Ethereum co-founder Vitalik Buterin's account was compromised, leading to losses of $700,000 for users