Mark Cuban Sells $38,000 in NFTs After Two-Year Hiatus Amid Gmail Hack

• Mark Cuban sold 14 NFTs, netting $38,533, including a standout Pudgy Penguin for $30,578.
• Cuban listed Hashtag NFT #MFFL for $50,000 and a BibleNFT piece for $16,000, aiming to exceed $100,000 in total NFT sales.
• Cuban’s Gmail was hacked amid NFT sales; warned followers about compromised communications.

After nearly two years of inactivity, billionaire Mark Cuban’s crypto wallet, identified by the Ethereum Name Service (ENS) domain “markcuban.eth,” has sprung back into action. This revival saw Cuban offload 14 non-fungible tokens (NFTs) from his collection, accumulating roughly $38,533 over the last two days. Among these, the standout sale was Pudgy Penguin #6239, fetching an impressive 9.06 Wrapped Ether (WETH), equivalent to $30,578. The range of other sold NFTs varied considerably, with values stretching from $22 to $1,800.

Highlight NFTs and Listings

Cuban’s transactions didn’t just stop at sales; he’s also poised to divest from some high-value NFTs remaining in his wallet. Notably, he listed the Hashtag NFT #MFFL for 15 Ether, valued over $50,000, and a BibleNFT piece titled Deuteronomy 25:4 for 5 ETH, approximately $16,000. If these listings successfully attract buyers, Cuban’s wallet will have exceeded over $100,000 in NFT transactions in a very short period.

Security Breach Amid NFT Activity

Parallel to his NFT activities, Cuban faced a security breach when his Gmail account was hacked. The incident was disclosed shortly after he began his NFT sales. The hacker, masquerading as ‘Noah,’ purportedly spoofed Google’s recovery methods to gain access. Cuban warned his followers that any communication from his Gmail post-3:30 pm PST on June 23 should be considered compromised. He later thanked Google for their assistance in recovering his account, confirming the resolution of the issue via a post on social media platform X.

While Cuban’s recent NFT sales and the security breach occurred almost concurrently, it remains unclear if there’s a direct correlation between the two events. In a previous security mishap in 2023, one of Cuban’s crypto wallets was drained of about $870,000. This raises questions about the security measures in place for high-profile crypto investors and the implications of such breaches on their digital asset activities.