It was about a lost – and found – bitcoin, only this time it is not in any junk dump but in the complex maze in blockchain.
NBA star Kevin Durant has regained control of a Coin base Account that had been inactive for about ten years, according to reports.
The account, which was opened after a dinner in 2016 where Bitcoin was discussed, had been inaccessible to Durant and his business partner Rich Kleiman until this week.
Coinbase CEO Brian Armstrong confirmed the recovery at X.
Lost references locked funds
Based on reportsThe question boiled down to lose login details. Kleiman told reporters that the posture was the result of “user error.” This meant that Bitcoin stopped untouched while the market was moving dramatically.
At the time of the original purchase, Bitcoin traded to approximately $ 600 per coin. That figure was in sharp contrast to prices in 2025, which has risen over $ 117,000 per coin.
We fixed this. Account Restore Complete! https://t.co/twyfpqkxsb
– Brian Armstrong (@brian_armstrong) September 19, 2025
The couple did not have access to or did not sell the holdings because they could not log in. Inactivity effectively left the position static when the asset’s market value climbed over the years.
Reports have made it clear that exact figures – how many coins put in that account and the total current value – remain private.
How the recovery was confirmed
Reports say Coinbase personnel worked through recovery Procedures with Durant’s team. Brian Armstrong’s post on X was cited as confirmation that the exchange completed the recovery process.
Public statements from Kleiman also framed the matter as administrative rather than technical, suggesting that standard identity checks and support channels were used.
BTCUSD trading at $115,607 on the 24-hour chart: TradingView
No source has published the exact measures taken during the recovery, and Coinbase has not released a specified timeline for its actions.
This silence leaves room for questions about how long the process took and what documentation was required to restore access after such a long rest.
Durant’s entry into crypto traces back to a 2016 dinner Hosted by venture capitalist Ben Horowitz, where the subject came up repeatedly and got Durant and Kleiman to open the Coinbase account which later made headlines.
What remains unknown
Several important details are still missing from public accounts. Neither Durant nor Kleiman has revealed the number of bitcoin in the account.
The original amount has also not been confirmed, although the low $ 600 per coin price at the time means that all holdings would have grown many times above today’s values.
Image from meta, charts from tradingview
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