US EditionKevin Durant’s lost bitcoin password turned into a lucrative mistake
Kevin Durant regained access to his 2016 Coinbase Bitcoin wallet after nearly a decade, benefiting from Bitcoin's price increase of over 11,000% since purchase, Coinbase confirmed.
- Coinbase confirmed on Thursday that NBA forward Kevin Durant regained access to his Bitcoin account with help from his agent, Rich Kleiman.
- Locked out for years, Kevin Durant could not access his Coinbase account after forgetting the login; as of last month, he had two password attempts left, Rich Kleiman said at a CNBC event.
- At purchase in 2016, BTC traded around $650, and now it’s about $117,000–$116,000, roughly an 11,000% gain, making a $10,000 stake worth about $1.8 million.
- The episode has triggered sharp criticism that Coinbase prioritizes high-profile users, while the company acknowledged support problems and said its 24/7 support team will focus on improving service.
- The episode underscores the role custodial platforms play in enabling account recovery and highlights the tension between self-custody and secure access recovery mechanisms, setting a precedent for star athletes like Kevin Durant.
25 Articles
25 Articles
Kevin Durant Recovers Bitcoin Bought at $650, Now Up Over 17,700%, After Nearly a Decade
NBA forward Kevin Durant has access to his bitcoin again, after being locked out of his Coinbase account for nearly a decade. In that time, the price of BTC rose by more than 17,700%.“We got this fixed. Account recovery complete,” Coinbase CEO Brian Armstrong posted on X, responding to a viral tweet about Durant’s access issues.The recovery comes days after Durant and his business partner, Rich Kleiman, discussed the lockout at CNBC’s Game Plan …
Straight Arrow News
Cryptocurrency News | Cryptocurrency Prices | Market CapKevin Durant’s lost bitcoin password turned into a lucrative mistake
When was the last time losing your password actually helped you and didn’t cause you to give up, put down your phone and turn on the TV? In the case of NBA superstar Kevin Durant, losing a password may have made him a whole lot of money. Kevin Durant’s lost password Durant reportedly couldn’t find the password to his Coinbase account, which holds all the bitcoin he bought back in 2016 while playing for the Golden State Warriors. His agent, Rich …
Kevin Durant Recovers Lost Bitcoin After Nearly a Decade on Coinbase
NBA superstar Kevin Durant has finally regained access to an old Coinbase account, unlocking Bitcoin (BTC) he purchased nearly a decade ago. The story highlights both the challenges of early crypto adoption and the increasing role of major exchanges in safeguarding digital wealth. According to reports, Durant originally bought a small amount of Bitcoin in the early 2010s, when prices were far below today’s levels. Like many early adopters, he la…
NBA – After complaining that his account had been blocked for years, Kevin Durant regained control of his cryptocurrency. After being lost access for years... Read more »
Coverage Details
Bias Distribution
- 75% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
