Simply put
- Kevin Durant has regained access to his Coinbase account, according to the exchange.
- Earlier this week, Durant’s agent shared that the NBA star was struggling to find his account details.
- Back in 2016, Durant became one of the first to buy Bitcoin when it was priced around $600.
NBA superstar Kevin Durant has successfully regained access to his Coinbase account, as confirmed by the crypto exchange.
This development came during a talk earlier in the week at a CNBC event in Los Angeles, where agent Rich Kleiman revealed the difficulties Durant faced in accessing an account he had opened several years ago.
At 36 years old, Durant is set to play for the Houston Rockets this coming season, following stints with other teams. Both he and Kleiman have invested in the company, a fund they established in 2017.
Clyman conveyed that he and Durant were working closely with Coinbase on the account recovery, which, while a bit humorous for Durant, seemed to involve some genuine confusion.
“It’s just our last user error,” Clyman remarked. He noted that their long-standing partnership with Coinbase had benefited their business in multiple ways.
Durant’s journey into Bitcoin investment began in late 2016, shortly after a birthday party thrown by Ben Horowitz, a venture capital co-founder.
After joining the Golden State Warriors, he won an NBA Championship. Clyman recounted how discussions about Bitcoin became prevalent among the team that evening, eventually leading them to invest.
With a touch of humor, Clyman expressed that Durant had difficulty keeping track of his Coinbase account information.
“It’s really kind of crazy,” Clyman said, commenting on the apparent lack of password records.
Durant’s first Bitcoin purchase was around the time it traded for approximately $600. Now, according to market data, Bitcoin hovers near $117,100, marking over a 950% increase in five years.
As the seventh-highest scorer in NBA history, Durant represents the growing trend of high-profile athletes investing in Bitcoin and advocating for digital assets.
Other players in the league are also exploring similar paths. For example, Tristan Thompson recently launched a Web3 project aiming to enhance fan engagement with the NBA.
Meanwhile, Spencer Dinwiddie of the Charlotte Hornets has been interested in Bitcoin for over a decade and made attempts to tokenize his salary in 2019.
