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Over the weekend, Mark Cuban unfollowed a number of crypto accounts on Twitter. This had many on the platform questioning whether or not the sometimes pro-crypto investor had misplaced religion within the house post-FTX collapse.
He unfollowed Uniswap, MetaMask, Solana, Nansen and extra—however Cuban clarified that he was simply “cleansing up” his account.
“Nonetheless observe a ton of them,” the Dallas Mavericks proprietor and Shark Tank investor instructed Fortune.
Cuban has lengthy been a supporter of the crypto trade, investing in firms—together with Polygon, OpenSea, and Arbitrum—and cryptocurrencies—like Bitcoin, Ethereum, and Dogecoin—alike.
Even now, after disgraced former FTX CEO Sam Bankman-Fried was uncovered and his scheme fell aside, taking a toll on the general crypto market, Cuban stated he’s standing pat.
“No change,” he stated. “Nonetheless established order.”
He’s stated he primarily sees potential in good contracts, or code that executes a set of directions on-chain, and tasks aiming to scale Ethereum, which is mirrored in his portfolio.
However, he admits, “What has not been created is an utility that’s ubiquitous. One that’s clearly wanted by everybody and they’re keen to undergo the training curve to make use of,” Cuban tweeted on Nov. 13. “Perhaps it by no means comes. I hope and assume it should.”
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