NBA tip Kevin Durant has access to his Bitcoin again after he was locked out of his coin base account for almost a decade. During that time, the price of BTC increased by more than 17,700%.
“We got this regular. Account recovery completely,” Coinbase CEO Brian Armstrong posted on X, responded to a viral tweet about Durant’s access problems.
The restoration comes days after Durant and his business partner, Rich Kleiman, discussed lockout at CNBC’s gaming conference. “It’s just a process we haven’t been able to find out,” Kleiman said. Still, he noticed, “Bitcoin continues to go up … So I mean it only benefits from us.”
Durant bought Bitcoin in 2016 after hearing about it from the then teammates about the Golden State Warriors. At that time, Bitcoin traded between $ 360 and $ 1,000, and Durant is estimated to have purchased at about $ 650 per day. Coin.
It now hovers near $ 116,000, according to CoinMarketcap data. Neither Durant nor Kleiman revealed the size of his stocks.
Durant and Kleiman are investors in Coinbase and have promoted the company through their media offerings, the boardroom.
The episode comes in the midst of growing frustration among some coinbase users who claimed they have been subjected to similar problems in obtaining account access or getting help from customer support. Armstrong acknowledged the criticism on social media and said the company “puts a big focus” on improving customer support.
