Kevin Durant Regains Access to Bitcoin Held in Coinbase Account
Kevin Durant has successfully regained access to his Coinbase account, as confirmed by the crypto exchange. The incident came to light when Durant's agent, Rich Kleiman, humorously shared at a conference that Durant struggled to retrieve his account information. This account was established nearly a decade ago when Durant purchased Bitcoin for the first time, back in 2016, at about $600 per coin. Kleiman noted that they had been collaborating with Coinbase to resolve the issue, attributing the problem to a user error. Durant's foray into Bitcoin stemmed from a conversation during a birthday celebration that highlighted the cryptocurrency's potential. Currently, Bitcoin trades at around $117,100, showcasing a growth of over 950% in five years, as more athletes, including other NBA players, increasingly invest in digital assets. Durant, now playing for the Houston Rockets, is part of a broader trend among professionals advocating for cryptocurrency investments.
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