Key Takeaways:
- Kevin Durant recovered his nearly decade-old Coinbase account containing Bitcoin, confirmed by CEO Brian Armstrong.
- Durant first bought Bitcoin around 2014-2015, when it traded between $400 and $1,000, and never sold.
- Coinbase pledged to improve customer support following renewed attention on account recovery issues.
NBA superstar Kevin Durant has regained access to his long-lost Coinbase account nearly a decade after losing it, reclaiming Bitcoin bought in the early days of his crypto journey.
Coinbase CEO Brian Armstrong confirmed the recovery in a post on X, saying, “We got this fixed. Account recovery complete!”
We got this fixed. Account recovery complete! https://t.co/TWYFpQkXsb
— Brian Armstrong (@brian_armstrong) September 19, 2025
Durant, who will play for the Houston Rockets this season, spoke about the lost account at the Gameplan Summit in Santa Monica, alongside his business partner and agent Rich Kleiman.
Durant first discovered Bitcoin in 2014–2015, encouraging Kleiman to explore it despite skepticism from their business manager.
Their interest deepened after repeated mentions of Bitcoin at a party hosted by venture capitalist Ben Horowitz, leading them to invest the next day.
Through their firm, Thirty Five Ventures, Durant and Kleiman also became early Coinbase backers.
Although the size of Durant’s original Bitcoin purchase remains undisclosed, the value of Bitcoin has soared more than 11,000% since 2016, recently trading around $115,480.
Durant’s account recovery highlighted broader frustrations among Coinbase users over customer support.
In response, Armstrong acknowledged the issue and promised improvements to make recovery faster and more reliable.