Mark Cuban Not Jumping Ship On Crypto Amid FTX Scandal

FTX may be doomed, however Mark Cuban isn’t quiting on crypto right now … informing TMZ Sports there’s still a lots of worth in the digital currency, regardless of the exchange’s huge crisis.

We spoke to the billionaire Mavs owner out in New York City today … and he informed us that even in the middle of hard times, he thinks cryptocurrency still has importance when properly utilized.

“Separate the signal from the noise,” Cuban stated. “There’s been a lot of people making a lot of mistakes, but it doesn’t change the underlying value.”

Cuban stated that as long as customers have practical alternatives in the crypto world, he does not anticipate the currency entering 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 Osaka are all part of a suit declaring FTX honcho Sam Bankman-Fried employed their aid to plan individuals.

We asked Mark about Bankman-Fried, who’s implicated of developing the deceitful cryptocurrency plan meant to benefit from financiers, and the billionaire believes prison time looms for the 30-year-old.

“I don’t know all the details, but if I were him, I’d be afraid of going to jail for a long time,” Cuban stated. “I talked to the guy and thought he was smart.”

“I had no idea he was going to take other people’s money and put it to his personal use.”