The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Billionaire Mark Cuban Reveals Crypto Outlook After FTX, Says Sam Bankman-Fried Should Fear Lengthy Stay in Prison

by Daily Hodl Staff
November 29, 2022
in Blockchain

Shark Tank investor and Dallas Mavericks owner Mark Cuban remains long-term bullish on crypto despite the steep devaluation witnessed by the asset class this year.

In a new TMZ interview, Cuban says that he still believes in the future of the nascent industry.

“Separate the signal from the noise. There’s been a lot of people making a lot of mistakes, but it doesn’t change the underlying value of the applications… You still use it for DeFi [decentralized finance]. There are all kinds of applications. That’s all that matters.”

Cuban also tells TMZ that the co-founder and former CEO of FTX, Sam Bankman-Fried, could end up in prison over his role in the collapse of the trading platform and the resulting loss of customer funds.

“I don’t know all the details, but if I were him, I’d be afraid of going to jail for a long time… It sure sounds bad. I’ve actually 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 own his personal use. That sure seems like what happened.”

FTX filed for bankruptcy earlier this month after halting withdrawals.

Earlier this month, the Dallas Mavericks owner explained his motivation for putting his money into crypto projects:

“Why have I invested in crypto? Because I believe smart contracts will have a significant impact in creating valuable applications. I have said from day one, the value of a token is derived from the applications that run on its platform and the utility they create.”

Cuban also defended the crypto industry amid the collapse of big names in the space since May.

“These blowups have not been crypto blowups, they have been banking blow-ups. Lending to the wrong entity, mis-valuations of collateral, arrogant arbitrageurs, followed by depositor runs.”

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Achmad Rofi’i

Submit a Press Release

Industry Announcements

  • Aster Launches 24/7 Stock Perpetual Contracts Trading With Exposure to US Equities
    July 16, 2025
  • The Sandbox Launches Largest LAND Sale to Date on GBM Auctions
    July 16, 2025
  • Vision (VSN) Has Arrived – The New Standard for User-Centric Token Ecosystems
    July 16, 2025
  • Snail, Inc. Announces Intent To Explore Proprietary USD-Backed Stablecoin
    July 16, 2025
  • MultiBank Group Announces Seven Million MBG Tokens Sold Out in Under One Hour During Initial Pre-Sale
    July 15, 2025
  • Allnodes Among First To Launch Bare Metal Servers Powered by AMD Threadripper 9000 Series
    July 15, 2025
  • Swarm Network Selects Walrus To Power Verifiable AI on Rollup.News
    July 15, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$118,666.79
$118,666.79
0.7%
Ethereum
$3,378.63
$3,378.63
7.69%
BNB
$713.21
$713.21
3.51%
Solana
$172.26
$172.26
5.79%
XRP
$3.16
$3.16
8.11%

Spotlight

  • Bitcoin Setup Suggests Explosive Rally Incoming, According to Analyst Who Called 2021 Crypto Top
    July 9, 2025
  • Goldman Sachs Abruptly Raises Targets for S&P 500, Predicts Fed Cutting Rates Earlier Than Expected: Report
    July 9, 2025
  • Investor Tom Lee Says Bitcoin Adoption Still in ‘Earliest Days,’ Predicts US Banks Will Soon Hold BTC As Collateral
    July 9, 2025
  • Bitwise CIO Reveals 4,000x Prediction, Says Ethereum, XRP, Solana and Others Will Be Impacted From One Booming Trend
    July 9, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl