.mcuban says that the underlying value of crypto remains the same
The Dallas Mavericks owner recentlyThe fact that “a lot of people made a lot of mistakes” doesn’t change the underlying value of the technology’s applications. “Look, you still use it for DeFi. There’s still all kinds of applications. That’s all that matters” he said.
Speaking of the FTX disaster, Cuban suggested that founder Sam Bankman-Fried could end up serving a long jail sentence. “I don’t know all the details, but it sure sounds bad,” the billionaire added. The “Shark Tank” star admits that he viewed Bankman-Fried as a “smart” guy, and he had no idea that he was capable of committing alleged fraud with other people’s money. , Cuban was originally a staunch cryptocurrency skeptic.
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