Kevin Durant just turned a crypto nightmare into a major win. The NBA star recently revealed that he had been locked out of his Bitcoin account for years, and that he had no way of getting in. But now, that’s all changed.
Durant opened up about the situation during a conversation at the Politics From Cheat Code Summit. He said he had invested in Bitcoin early, when prices were still low, but lost access to the account and couldn’t retrieve it.
“I got locked out of the account,” he said. “I haven’t been able to get back in.”
That all changed after the interview started going viral. Coinbase CEO Brian Armstrong caught wind of it and decided to help. Over the weekend, Armstrong tweeted, “We got this fixed. Account recovery complete.” That confirmed Durant now has full access to his crypto stash once again.
Durant didn’t say how much he originally bought, but based on Bitcoin prices at the time, reports suggest he may have entered when it was trading between $360 and $1,000 per coin. With Bitcoin now valued around $117,000, that early investment could be worth millions.
It’s not just a great comeback story. It’s a rare one. Most people who lose access to their Bitcoin accounts never recover the funds. In crypto, losing your keys usually means losing everything. Durant, on the other hand, had timing, connections, and public support on his side.
This isn’t KD’s only smart move. He’s already built a strong portfolio through Thirty Five Ventures, with investments in sports tech, media, and digital platforms. But this crypto bounce-back stands out because of how close it came to being a complete loss.
Now that the account is recovered, fans are wondering if Durant will hold, sell, or reinvest. Either way, it’s a reminder that digital money comes with real consequences.
Unbiased Take:
This story shows how quickly fortunes can shift in the world of crypto. Most people don’t get a second chance after losing access to their wallet. Durant’s experience highlights the importance of digital security and also shows how influence can open doors that are locked to the average person.