Crypto Sustained by Cheap, Easy Money Will Disappear: Mark Cuban

Billionaire owner of the Dallas Mavericks Mark Cuban has weighed in on the latest crypto crash, saying that projects with no “valid” business model will eventually die out.

“In stocks and crypto, you will see companies that were sustained by cheap, easy money—but didn’t have valid business prospects—will disappear,” Cuban said in an interview with Fortune.

[Via]

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