Story perspectives

Kevin Durant's Locked Bitcoin Account Reveals 17,700% Gain

9/22/2025

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Summary

Story summary

Kevin Durant regained access to his locked Coinbase account, revealing a significant Bitcoin investment from 2016.
Coinbase CEO Brian Armstrong confirmed the recovery after Durant's comments at CNBC’s Game Plan conference.
Durant's Bitcoin, bought at $650 per coin, is now valued at approximately $116,000, a gain of over 17,700%.
His agent noted that the account lock inadvertently benefited Durant, as he never sold any holdings.
The incident underscores frustrations with Coinbase's customer support and raises concerns about financial literacy access, especially in the Black community.

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Story summary

Kevin Durant regained access to his locked Coinbase account, revealing a significant Bitcoin investment from 2016.
Coinbase CEO Brian Armstrong confirmed the recovery after Durant's comments at CNBC’s Game Plan conference.
Durant's Bitcoin, bought at $650 per coin, is now valued at approximately $116,000, a gain of over 17,700%.
His agent noted that the account lock inadvertently benefited Durant, as he never sold any holdings.
The incident underscores frustrations with Coinbase's customer support and raises concerns about financial literacy access, especially in the Black community.