{"id":153136,"date":"2025-09-18T23:41:09","date_gmt":"2025-09-18T23:41:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/153136\/"},"modified":"2025-09-18T23:41:09","modified_gmt":"2025-09-18T23:41:09","slug":"nba-star-kevin-durant-cant-unlock-his-coinbase-bitcoin-account","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/153136\/","title":{"rendered":"NBA star Kevin Durant can&#8217;t unlock his Coinbase bitcoin account"},"content":{"rendered":"<p>Kevin Durant #35 of the Phoenix Suns looks on during the second half against the Houston Rockets at PHX Arena on March 30, 2025 in Phoenix, Arizona. <\/p>\n<p>Chris Coduto | Getty Images<\/p>\n<p>NBA superstar Kevin Durant can&#8217;t find the password to his <a href=\"https:\/\/www.cnbc.com\/quotes\/COIN\/\" rel=\"nofollow noopener\" target=\"_blank\">Coinbase<\/a> account, which holds bitcoin that he began buying in earnest when he was playing for the Golden State Warriors in 2016. His agent couldn&#8217;t be happier.<\/p>\n<p>Durant&#8217;s predicament has &#8220;only benefited&#8221; the hoopster, agent Rich Kleiman said.<\/p>\n<p>&#8220;We&#8217;ve yet to be able to track down his Coinbase account info, so we&#8217;ve never sold anything, and this bitcoin is just through the roof,&#8221; Kleiman said Tuesday at <a href=\"https:\/\/www.cnbcevents.com\/game-plan-2025\/\" target=\"_blank\" rel=\"nofollow noopener\">CNBC&#8217;s Game Plan conference in Los Angeles<\/a>.<br \/>&#8220;It&#8217;s just a process we haven&#8217;t been able to figure out, but Bitcoin keeps going up \u2026 so, I mean, it&#8217;s only benefited us,&#8221; he said.<\/p>\n<p>Durant, who will play for the Houston Rockets this upcoming season, began snapping up bitcoin around 2016, after the <a href=\"https:\/\/www.teamusa.com\/profiles\/kevin-durant#:~:text=Olympic%20Highlights,averaging%2020.7%20points%20per%20game.\" target=\"_blank\" rel=\"nofollow noopener\">U.S. Olympic team legend<\/a> and Kleiman attended a dinner in which his then-teammates kept discussing the cryptocurrency.<\/p>\n<p>&#8220;I just heard the word &#8216;bitcoin&#8217; 25 times this evening, and the next day, we started investing in bitcoin,&#8221; Kleiman said. The agent did not say how much bitcoin Durant bought.<\/p>\n<p>Bitcoin sold for between about $360 and $1,000 back in 2016, according to CoinGecko. The leading cryptocurrency is now trading at almost $116,000, or more than 11,000% above its highest price the year Durant was buying.<\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>Bitcoin since 2020<\/p>\n<p>Durant has been unable to access his Coinbase account for &#8220;a few years&#8221; due to a &#8220;user error on our end,&#8221; Kleiman told CNBC on Wednesday.<\/p>\n<p>&#8220;We&#8217;ve already been working directly with the Coinbase team on Kevin&#8217;s account recovery, which is why it was easy for me to make a joke about it on stage,&#8221; Kleiman said.<\/p>\n<p>Kleiman said he and Durant are also investors in <a href=\"https:\/\/www.cnbc.com\/quotes\/COIN\/\" rel=\"nofollow noopener\" target=\"_blank\">Coinbase Global<\/a>, and that the company &#8220;has been a valuable resource in growing our business.&#8221; In 2021, the duo&#8217;s Thirty Five Ventures struck a multiyear deal with Coinbase to promote the trading platform, which includes creating content about digital assets for Durant&#8217;s sports and entertainment website,\u00a0Boardroom.<\/p>\n<p>Coinbase, in a statement to CNBC, said its users can reset their passwords using self-service tools within the trading platform&#8217;s app. The platform for buying, selling and storing cryptocurrencies also has an around-the-clock support team fielding account recovery requests and other inquiries, according to a spokesman.<\/p>\n<p>Don&#8217;t miss these cryptocurrency insights from CNBC Pro: <\/p>\n","protected":false},"excerpt":{"rendered":"Kevin Durant #35 of the Phoenix Suns looks on during the second half against the Houston Rockets at&hellip;\n","protected":false},"author":2,"featured_media":153137,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[574],"tags":[64,63,726,1053,174,18545,4852,7216,171,85,1054,1491],"class_list":["post-153136","post","type-post","status-publish","format-standard","has-post-thumbnail","category-basketball","tag-au","tag-australia","tag-basketball","tag-breaking-news-markets","tag-business-news","tag-coinbase-global-inc","tag-investment-strategy","tag-kevin-durant","tag-markets","tag-sports","tag-stock-markets","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/153136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=153136"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/153136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/153137"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=153136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=153136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=153136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}