Kevin Durant, the NBA star preparing to join the Houston Rockets, has been unable to access a Coinbase account containing bitcoin he bought in 2016, CNBC reported.
While not the first high-profile case of lost bitcoin, it is notable due to the scale of the holdings. In the UK, James Howells continues his long effort to recover a discarded hard drive in Newport that he says holds about 8,000 bitcoin, now worth hundreds of millions of dollars.
Durant’s Investment Journey
Durant began investing in bitcoin while playing for the Golden State Warriors. He became interested after hearing teammates discuss the asset during a U.S. Olympic team dinner.
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His agent, Rich Kleiman, said the account remains locked despite repeated attempts to recover access. No coins have been sold since the original purchases.
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Howells’ Long Road to Recovery
Howells’ case dates back to 2013, when he accidentally threw away a hard drive containing his holdings. He has asked Newport Council multiple times for permission to dig up the landfill where the device may be buried, but all requests have been refused.
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A recent court challenge also failed. With the site set to close and be redeveloped into a solar power facility, Howells is considering trying to buy the landfill outright to continue his search.
