Kevin Durant recovers more than 20 million in Bitcoin years after forgetting the password


Kevin Durant has managed to recover several million dollars by finally accessing an investment in cryptocurrencies from which it had been blocked After forgetting the access password.

The story goes back to 2016, when Durant and his business partner, Rich Kleimanthey allocated about $ 100,000 at the purchase of Bitcoinwhich at that time quoted around 650 dollars. With the passage of time, the investment acquired an extraordinary value: at present, the cryptocurrency Round the $ 116,000 per unitassuming a revaluation close to 180% compared to the initial capital.

The problem arose when Durant forgot the password to access his account in the plataforma Coinbasewhat left the investment blocked for years. The anecdote was reported by Kleiman during the Game Plan Conference of the CNBC chain, and shortly after Confirmed by Brian ArmstrongCEO of Coinbase.

Although those involved have not revealed the exact figure of the benefit obtained, different calculations place the value of the assets recovered in More than 23 million dollars.

Durant's situation is not isolated. Numerous cryptocurrencies have complained about similar difficulties when accessing their funds After forgetting access keys or losing storage devices.



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