{"id":168165,"date":"2025-09-19T18:50:10","date_gmt":"2025-09-19T18:50:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/168165\/"},"modified":"2025-09-19T18:50:10","modified_gmt":"2025-09-19T18:50:10","slug":"kevin-durant-has-access-restored-to-his-coinbase-bitcoin-account-after-years","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/168165\/","title":{"rendered":"Kevin Durant has access restored to his Coinbase bitcoin account after years"},"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 star Kevin Durant has regained access to his bevy of Bitcoins, years after <a href=\"https:\/\/www.cnbc.com\/2025\/09\/18\/nba-star-kevin-durant-cant-unlock-his-coinbase-bitcoin-account.html\" rel=\"nofollow noopener\" target=\"_blank\">getting locked out of his Coinbase account<\/a>.\u00a0<\/p>\n<p>&#8220;We got this fixed. Account recovery complete,&#8221; Coinbase CEO Brian Armstrong <a href=\"https:\/\/x.com\/brian_armstrong\/status\/1968844394921926755\" target=\"_blank\" rel=\"nofollow\">said<\/a> Friday in a social media post, replying to a tweet about Durant being locked out of his account on the cryptocurrency exchange.\u00a0<\/p>\n<p>The message comes just a few days after Durant and his agent Rich Kleiman joked about the predicament 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>.<\/p>\n<p>&#8220;It&#8217;s just a process we haven&#8217;t been able to figure out,&#8221; Kleiman said Tuesday, referencing Coinbase&#8217;s account retrieval protocol. &#8220;But, Bitcoin keeps going up \u2026 so, I mean, it&#8217;s only benefited us.&#8221;\u00a0<\/p>\n<p>Durant purchased Bitcoins on Coinbase in 2016, shortly after hearing about the token several times during a dinner with his then-Golden State Warriors teammates.\u00a0<\/p>\n<p>Bitcoin was trading between roughly $360 and $1,000 in 2016, CoinGecko&#8217;s <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"nofollow noopener\">data<\/a> shows. Now, the digital asset is trading around $116,000, according to the same crypto data provider.\u00a0<\/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 2016<\/p>\n<p>Durant and his agent, who are investors in Coinbase Global and promote the business on their sports and entertainment website Boardroom, did not disclose the size of the basketball player&#8217;s Bitcoin holdings on the trading platform.<\/p>\n<p>The case has sparked a wider discussion about Coinbase&#8217;s customer services, with several users recounting on social media difficulties receiving assistance from the company to regain access to their accounts and troubleshoot other issues.\u00a0<\/p>\n<p>Their complaints form the latest calls for Coinbase to overhaul its support services. In May, Coinbase revealed that cybercriminals had <a href=\"https:\/\/www.cnbc.com\/2025\/05\/15\/coinbase-says-hackers-bribed-staff-to-steal-customer-data-and-are-demanding-20-million-ransom.html\" rel=\"nofollow noopener\" target=\"_blank\">bribed a few of its overseas customer support agents<\/a> to leak customers&#8217; personal data. In 2021, Coinbase clients expressed their frustrations over <a href=\"https:\/\/www.cnbc.com\/2021\/10\/12\/coinbase-users-slam-new-customer-service-phone-support.html\" rel=\"nofollow noopener\" target=\"_blank\">the company&#8217;s new live phone support line<\/a>, with one dissatisfied user telling CNBC at the time that the service was &#8220;a joke.&#8221;\u00a0<\/p>\n<p>On Friday, Coinbase CEO Armstrong addressed users&#8217; latest concerns over the quality of the firm&#8217;s support services, stressing its team would put &#8220;a big focus on getting better.&#8221;<\/p>\n<p>&#8220;We&#8217;re putting a big focus on getting better at customer support at both ends &#8211; improving products so fewer people need support, and providing a faster, higher quality experience when you do,&#8221; Armstrong <a href=\"https:\/\/x.com\/brian_armstrong\/status\/1969070426736226758\" target=\"_blank\" rel=\"nofollow\">said<\/a> Friday in an X post.\u00a0<\/p>\n<p>Coinbase did not immediately reply to CNBC&#8217;s request for additional comment on what measures it would take to improve its customer service.\u00a0Earlier this week, the company told CNBC that it runs an around-the-clock assistance hotline for its users, in addition to offering self-help resources for basic troubleshooting.<\/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":165639,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[116,28,122,113,112,114,918],"class_list":["post-168165","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-breaking-news-markets","tag-business","tag-business-news","tag-investment-strategy","tag-markets","tag-stock-markets","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/168165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=168165"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/168165\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/165639"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=168165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=168165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=168165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}