FTX is likely to be doomed, however Mark Cuban is not giving up on crypto simply but … telling TMZ Sports activities there’s nonetheless a ton of worth within the digital forex, regardless of the change’s huge disaster.
We spoke with the billionaire Mavs proprietor out in NYC this week … and he advised us that even amidst troublesome instances, he believes cryptocurrency nonetheless has relevance when appropriately used.
“Separate the sign from the noise,” Cuban stated. “There’s been lots of people making numerous errors, nevertheless it does not change the underlying worth.”
Tom Brady, Gisele & Steph Curry Sued Over FTX Collapse
Cuban stated that so long as customers have viable choices within the crypto world, he does not foresee the forex going into the tank.
As we reported, Tom Brady, Gisele Bündchen, Steph Curry,Shaquille O’Neal, Udonis Haslem, David Ortiz, Trevor Lawrence, Shohei Ohtani, and Naomi Osakaare all a part of a lawsuit claiming FTX honcho Sam Bankman-Fried enlisted their assist to scheme individuals.
We requested Mark about Bankman-Fried, who’s accused of making the fraudulent cryptocurrency scheme meant to benefit from buyers, and the billionaire thinks jail time is imminent for the 30-year-old.
“I do not know all the small print, but when I have been him, I might be afraid of going to jail for a very long time,” Cuban stated. “I talked to the man and thought he was sensible.”
“I had no thought he was going to take different individuals’s cash and put it to his private use.”
Lastly, we requested Cuban about Elon Muskand his impression on Twitter since buying the platform … and Mark says Elon is doing what Elon does greatest.