Kevin Durant’s lost bitcoin password turned into a lucrative mistake

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Transcript

00:00NBA star Kevin Durant lost the password to his cryptocurrency account, but that might have made him a lot of money.

00:13Yeah, that's how Durant might be feeling about his Bitcoin account right about now.

00:18He reportedly lost the password to that account, but his agent recently told CNBC it's only benefited the NBA star.

00:27Durant reportedly began buying Bitcoin in 2016 after a dinner with his Olympic teammates.

00:33I just heard the word Bitcoin 25 times this evening, and the next day we started investing in Bitcoin.

00:40It's gone up 11,000% since then.

00:44And since he hasn't had his password in years, that investment has skyrocketed with him as he joins the Houston Rockets for the upcoming season.

00:53We've yet to be able to track down his Coinbase account info, so we've never sold anything, and his Bitcoin is just through the roof.

01:02A representative for Coinbase tells Business Insider that Durant's password has been successfully reset,

01:08but didn't say how much the star's forgetfulness ended up making him.

01:12For Straight Arrow News, I'm Chris Francis.

01:14For more unbiased, fact-driven news, download the Straight Arrow News mobile app or go to san.com.