Mark Cuban claims that his interest in cryptocurrencies is "still the same, unchanged." after FTX's fall

News • 2022/11/22 • by
remitano

Key Takeaways.

  • Cuban, the owner of the Dallas Mavericks, unfollowed Uniswap, MetaMask, Solana, Nansen, and others.However, he made it clear that he was only trying to clean up his account.

  • Cuban said that despite the FTX situation, he is staying the course and has not changed his stance on cryptocurrency.

Mark Cuban, an American media mogul, television personality, and billionaire businessman who has an estimated net worth of $4.8 billion according to Forbes, unfollowed a number of cryptocurrency Twitter accounts during the weekend. Several users of the platform questioned whether the usually top player investor had lost confidence in the market after the FTX crash in light of this.

Cuban explained that he was only "tidying up" his account and that he is still following a number of cryptocurrency accounts even though he unfollowed accounts like Uniswap, MetaMask, Solana, Nansen, and others. Cuban has consistently advocated the cryptocurrency sector and has invested in both businesses like Polygon, OpenSea, and Arbitrum as well as cryptocurrencies like Bitcoin, Ethereum, and Dogecoin.

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No changes, he declared. "Still the same" stated Cuban as he claimed he's not changing his stance even after discredited former FTX CEO Sam Bankman-Fried's was uncovered as and failed scheme, hurting the whole cryptocurrency market.
His portfolio reflects his stated preference for smart contracts or code that performs a set of commands on-chain, and startups attempting to grow Ethereum.

Read: FTX hacker distributes roughly $200 million in ETH across 12 wallets

But he acknowledges that "an application that is widespread has not been produced. On November 13, Cuban stated, "One that is definitely required by everybody, and they are ready to undergo the learning experience to utilize, "Perhaps it never arrives. I sincerely believe it can and will.

Comments (1)
Guest
yandomaa
4 years ago
well interested

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