Buy Crypto

Kevin Durant Locked Out of Bitcoin Account Forgot Password

Date:

Share post:

Kevin Durant’s Lost Coinbase Bitcoin Account

NBA star Kevin Durant’s agent, Rich Kleiman, revealed that a forgotten Coinbase account holds a large amount of Bitcoin (BTC). The account’s login details were lost for years. This prevented them from selling the cryptocurrency as its value rose sharply.

Kleiman, who is also Durant’s business partner, shared this in an interview with CNBC and at Boardroom’s Game Plan conference in Los Angeles. Durant forgot the login details, so the Bitcoin remained untouched.

“We’ve yet to be able to track down his Coinbase account info, so we’ve never sold anything, and this bitcoin is just through the roof,” Kleiman said. “It’s just a process we haven’t been able to figure out, but bitcoin keeps going up … so, I mean, it’s only benefited us.”

How the Bitcoin Investment Began

The story dates back to 2026. Soon after signing with the Golden State Warriors, Durant attended a birthday dinner hosted by venture capitalist Ben Horowitz. Many teammates were talking about cryptocurrency that night.

“I just heard the word ‘bitcoin’ 25 times this evening, and the next day, we started investing in bitcoin,” Kleiman recalled.

At that time, Bitcoin traded between $360 and $1,000. Today, Bitcoin is priced at $117,753, according to CoinMarketCap. This is an increase of more than 11,000% since Durant began buying. A $10,000 investment then could now be worth millions.

Account Recovery Efforts and Updates

Kleiman found it ironic they could not access the account, as both he and Durant invest in Coinbase. In 2021, their company Thirty Five Ventures signed a deal with Coinbase to promote the platform through Durant’s media brand, Boardroom.

He said the issue was “a user error on our end” and confirmed they have been working with Coinbase to recover the account.

Business Insider later reported that Durant regained access to the account. This was based on statements from Durant’s agent and a Coinbase source. However, Durant and his team have not confirmed this yet.

Marcel
Marcelhttps://cryptonewspub.com/
Marcel is the enthusiastic owner and editor-in-chief of CryptoNewsPub, the go-to source for the latest news, sharp analyses, and groundbreaking insights into the world of cryptocurrency and blockchain. With his passion for decentralization and innovation, he makes complex developments clear and accessible to both novice crypto enthusiasts and seasoned traders. Marcel’s articles inspire, inform, and empower you to embrace the digital financial revolution with confidence.

Related articles

Dolomite Integrates Chainlink CCIP to Boost DeFi Security

Dolomite Partners with Chainlink to Enhance DeFi Platform Dolomite, a Decentralized Finance (DeFi) platform, is integrating Chainlink’s Cross-Chain Interoperability...

Bitwise Launches Solana Staking ETF with Strong $69M Inflow

Bitwise Launches Solana Staking ETF in the U.S. The Bitwise Solana Staking ETF (BSOL) debuted this week on U.S....

Gauntlet Launches USDC Prime Vault on Optimism for Safe DeFi

Gauntlet Launches USDC Prime Vault on Optimism Mainnet Gauntlet, a platform specializing in risk management for decentralized finance (DeFi),...

Ethereum Price Forecast ETH Tests 100 Day EMA as Fusaka Launches on Hoodi Testnet

Ethereum Fusaka Upgrade Launches on Hoodi Testnet The Ethereum Fusaka upgrade went live on the Hoodi testnet without issues....