If you lose Bitcoin, this time it is in the complex maze of the blockchain, not the garbage dump.
According to the report, NBA star Kevin Durant has regained the control of the coinbase account that has been disabled for about 10 years.
The account, which was opened after dinner in 2016 when Bitcoin was discussed, could not reach Durant and his business partner Rich Kleiman until this week.
Coinbase CEO Brian Armstrong confirmed the recovery in X.
Funds that have lost credentials
Based on the report, this problem has been reduced due to the loss of login details. Kliman told reporters that Holdout was the result of “user error.” It meant that Bitcoin was not touched while the market moved dramatically.
Originally at the time of purchase, Bitcoin was traded at about $ 600 per coin. This figure was in contrast to the price of 2025.
We fixed this. Account recovery complete! https://t.co/twyfpqkxsb
-Brian Armstrong (@brian_Armstrong) September 19, 2025
Since the pair could not be logged in, it was not accessible or sold. Non -activity effectively left position silence as the market value of assets rose over the years.
According to the report, the exact value (the number of coins sitting in the account and the current value) remained private.
How the recovery was confirmed
According to the report, Coinbase employees worked through account recovery procedures with the Durant team. Brian Armstrong’s posts for X have been cited by confirming that the exchange has completed the recovery process.
Kleiman’s public statement also consists of management rather than technology, suggesting that standard identification and support channels have been used.
BTCUSD trading at $115,607 on the 24-hour chart: TradingView
No source has published the exact stage taken during the recovery, and Coinbase has not disclosed the timeline for the items in the action.
The silence takes how long it took, and there is room for questions about which documents are needed to rebuild the approach after the dormancy is longer.
The entry of Durant’s Crypto dates back to the 2016 dinner hosted by venture capitalist Ben Horowitz, which has repeatedly appears, and Durant and Kleiman later opened a coinbase account that later created the headline.
Unknown
Some major details are still missing in their open accounts. Durant or Kleiman did not disclose the number of bitcoins in the account.
The original amount invested was not confirmed, but it means that if the purchase price is low at $ 600 per coin, the retention would have increased several times by today’s value.
META’s main image, TradingView chart
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