I’m Mark Cuban from Shark Tank – How I Lost Nearly $1M in Crypto”
I’ve invested in just about everything over the years – startups, stocks, and yes, even crypto. And here’s the truth: I’ve taken some hits that surprised even me.
Back in 2021, I got into a DeFi project called Titan. On paper, it looked strong, and I was curious about how decentralized finance could shake things up. But then, almost overnight, the whole thing collapsed. Titan went from over $60 to basically zero before I could react. Just like that, the investment was gone. I admitted at the time, “I got hit like everyone else.”
Fast forward to 2023, and I got burned again – this time, in a completely different way. My crypto wallet was hacked, and roughly $870,000 worth of tokens disappeared before I even noticed something was wrong. No bad trade, no risky bet, just a straight-up hack.
So if you’re wondering whether someone like me, with all my experience, can still lose in crypto – the answer is yes. Between the Titan rug pull and the wallet hack, I’ve lost close to $1 million.
What I learned from it is simple: in crypto, no one is untouchable. If you’re going to play in this space, you need to protect yourself, double-check everything, and be ready for the unexpected. Because I’ve lived it – and it’s not fun when it happens to you.
– Mark Cuban