Maverick billionaire Mark Cuban was among investors burned in a spectacular crypto crash which saw the cryptocurrency TITAN slide from $60 to $0 in less than one day.
One unproven theory is the TITAN crash was a "rug pull", where the developer of a cryptocurrency abandons the project and runs away with investors' funds.
Another theory is simply that confidence in TITAN began to evaporate as its price tipped and headed south.
A graph showing the obliteration of the TITAN cryptocurrency price last week. (Supplied)As large investors known as "whales" cashed out, causing further panic, a death spiral was set in motion.
The end result of the mass sell-off saw TITAN lose nearly all its value last week, when it dropped from over US$60 on June 16 to fractionally above zero the following morning.
