Kevin Durant Regains Access to Long-Lost Coinbase Account
- NBA star Kevin Durant has regained access to his Coinbase account, confirmed by the exchange.
- Durant initially purchased Bitcoin in late 2016 when it was trading at approximately $600.
- He and his agent, Rich Kleiman, have been investors in Coinbase since 2017 through their investment fund, 35V.
- Durant’s first Bitcoin purchase followed a birthday event hosted by Ben Horowitz where Bitcoin was a central topic.
- Bitcoin’s current value is about $117,100, marking an increase of over 950% since Durant’s initial investment.
Kevin Durant has successfully regained access to his long-lost Coinbase account after a user error prevented him from logging in for some time. This comes as he continues his partnership with the exchange and reflects on his early investment in Bitcoin when it was valued at just $600 per coin.
Durant’s experience highlights the importance of secure account management in cryptocurrency investments as Bitcoin’s value has surged significantly since he first invested. Source
