{"id":240474,"date":"2025-09-20T03:18:16","date_gmt":"2025-09-20T03:18:16","guid":{"rendered":"https:\/\/www.europesays.com\/us\/240474\/"},"modified":"2025-09-20T03:18:16","modified_gmt":"2025-09-20T03:18:16","slug":"kevin-durant-recovers-lost-bitcoin-after-nearly-10-years-on-coinbase","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/240474\/","title":{"rendered":"Kevin Durant recovers lost Bitcoin after nearly 10 years on Coinbase"},"content":{"rendered":"<p>Nearly 10 years after buying Bitcoin on Coinbase, NBA superstar Kevin Durant has regained access to his holdings thanks to a completed account recovery.<\/p>\n<p>The news was announced via an <a href=\"https:\/\/x.com\/brian_armstrong\/status\/1968844394921926755\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/brian_armstrong\/status\/1968844394921926755\">X<\/a> post by Coinbase CEO Brian Armstrong on Thursday evening. \u201cWe got this fixed. Account recovery complete!,\u201d Armstrong wrote. <\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/0199637e-43c7-7efc-8e11-4c9d2111d088.png\" title=\"\"\/>Source: <a href=\"https:\/\/x.com\/brian_armstrong\/status\/1968844394921926755\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/brian_armstrong\/status\/1968844394921926755\">Brian Armstrong<\/a><\/p>\n<p>Durant, a 15-time NBA All-Star who will suit up for the Houston Rockets this season, shared the story of his lost Bitcoin (<a href=\"https:\/\/cointelegraph.com\/bitcoin-price\" rel=\"nofollow noopener\" target=\"_blank\">BTC<\/a>) on Tuesday at the annual Gameplan Summit in Santa Monica.<\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=2RwKmHXem2U\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/www.youtube.com\/watch?v=2RwKmHXem2U\">Appearing<\/a> alongside his agent, Rich Kleiman, Durant told the host Andrew Ross Sorkin that sometime around 2014 or 2015, he discovered Bitcoin by watching YouTube videos, and gave his agent \u201ca little nudge.\u201d<\/p>\n<p>Kleiman recounted how, afterward, the two called their business manager, who \u201cshut it down.\u201d But about a year later, after hearing the word \u201cBitcoin\u201d several times at a party hosted by Ben Horowitz, the co-founder of venture capital firm a16z, they began investing the very next day. <\/p>\n<p>\u201cAnd fortunately,\u201d Kleiman added, \u201cWe\u2019ve yet been able to track down his Coinbase account info, so we\u2019ve never sold anything, and his Bitcoin is just through the roof.\u201d<\/p>\n<p>Losing your Coinbase password means you get locked out of your account, and without recovery details like two-factor authentication codes or your email, you can\u2019t access the crypto stored there.<\/p>\n<p>Neither Durant nor his agent, who were early <a href=\"https:\/\/cointelegraph.com\/news\/kevin-durant-s-new-spac-firm-to-focus-on-crypto-and-blockchain\" rel=\"nofollow noopener\" target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/kevin-durant-s-new-spac-firm-to-focus-on-crypto-and-blockchain\">investors in Coinbase<\/a> through their joint business <a href=\"https:\/\/www.gothamfc.com\/ownership\/rich-kleiman\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/www.gothamfc.com\/ownership\/rich-kleiman\">venture<\/a> Thirty Five Ventures, \u200bhave disclosed how much Bitcoin they purchased at the time.\u00a0<\/p>\n<p>In 2016, the price of Bitcoin fluctuated between roughly $400 at the start of the year and $1,000 at the year\u2019s end, according to data from <a data-ct-non-breakable=\"null\" href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" rel=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin nofollow noopener\" target=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" title=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\">CoinGecko<\/a>. Since the end of 2016, when Bitcoin traded at $998, its price has skyrocketed by more than 11,470%, currently sitting at $115,480 as of writing.<\/p>\n<p><strong>Related: <\/strong><a href=\"https:\/\/cointelegraph.com\/magazine\/nba-legend-scottie-pippen-strategy-michael-saylor-satoshi-nakamoto-cointelegraph-magazine\/\" rel=\"nofollow noopener\" target=\"_self\" title=\"https:\/\/cointelegraph.com\/magazine\/nba-legend-scottie-pippen-strategy-michael-saylor-satoshi-nakamoto-cointelegraph-magazine\/\"><strong>Scottie Pippen says Michael Saylor warned him about Satoshi chatter<\/strong><\/a><\/p>\n<p>Coinbase customer service in the crosshairs, again<\/p>\n<p>Durant\u2019s account recovery drew responses from users who reported facing similar issues, but with contrasting resolutions.<\/p>\n<p>Some pointed out that they\u2019ve been locked out of their account for years and have had no   luck recovering them. \u201cYou have thousands of people that are locked out of their accounts, Brian. The same people who your CS team sold out &amp; gave their data away,\u201d said X user Erik Astramecki. <\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/01996378-ab5a-7561-8e0c-e85a8be12bff.png\" title=\"\"\/>Source: <a href=\"https:\/\/x.com\/ErikAstramecki\/status\/1968851841048858704\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/ErikAstramecki\/status\/1968851841048858704\">ErikAstramecki<\/a> <\/p>\n<p>On Friday, Armstrong addressed user complaints by reposting a thread from one of its customer support team leaders that outlined improvements being made.<\/p>\n<p>\u201cWe\u2019re putting a big focus on getting better at customer support at both ends \u2014\u00a0 improving products so fewer people need support, and providing a faster, higher quality experience when you do,\u201d Armstrong said. <\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/0199637b-88ef-77cb-bda6-6226c52d6b2e.png\" title=\"\"\/>Source: <a href=\"https:\/\/x.com\/brian_armstrong\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/brian_armstrong\">Brian_Armstrong<\/a><\/p>\n<p><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/magazine\/nba-star-tristan-thompson-misses-32-billion-bitcoin-taking-82-million-contract-cash\/\" title=\"null\" rel=\"nofollow noopener\" target=\"_blank\"><strong>Magazine: Hall of Flame: NBA star Tristan Thompson misses $32B in Bitcoin by taking $82M contract in cash<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Nearly 10 years after buying Bitcoin on Coinbase, NBA superstar Kevin Durant has regained access to his holdings&hellip;\n","protected":false},"author":3,"featured_media":240475,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[64,67,132,68],"class_list":{"0":"post-240474","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-united-states","10":"tag-unitedstates","11":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115234466073386074","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/240474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=240474"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/240474\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/240475"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=240474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=240474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=240474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}