50 Cent has made it clear that he has no ties to cryptocurrency, contrary to the activity on his online channels this week.
On Friday (June 21), the G-Unit boss took to Instagram to reveal that his website and X (formerly Twitter) account had been hacked.
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“My Twitter & Thisis 50.com was hacked I have no association with this Crypto,” he wrote next to screenshots of social-media posts about the $GUNIT memecoin that has been attached to his name.
“Twitter worked quickly to lock my account back down. Who ever did this made $3,000,000 in 30 minutes.”
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As of this writing, ThisIs50.com is still offline.
The New York Post and XXL have both reported that the scam generated $300 million, which doesn’t align with Fif’s post.
As for his legitimate business endeavors, the 48-year-old’s hard work was celebrated by a highly respected non-profit organization last month.
In early May, the “P.I.M.P” hitmaker was presented with the Entrepreneurial Leadership Award by the Network For Teaching Entrepreneurship. The honor was handed to him by Power actor Joseph Sikora, who said: “There is no one more befitting of an award for an entrepreneur than Curtis ’50 Cent’ Jackson.”
“What we’re doing is honoring 50 an award tonight for entrepreneurship, and the reason why it’s a good thing is we’re raising a lot of money for other young entrepreneurs from underprivileged backgrounds so they get in, make money, have success, have their own power in life,” MSNBC host and chief legal correspondent Ari Melber explained about the gathering.
During his acceptance speech, the Get Rich Or Die Tryin’ MC expressed his gratitude and said: “I do want to say thank you to all of the teachers, all of the mentors and all of the volunteers to support G-Unit to this point, because without them, the organization won’t be as successful as it is.”
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Prior to that, 50 Cent was honored with his own day in Shreveport, Louisiana after opening his G-Unit Film & TV Studios in the city. He was also presented with a key to the city by Mayor Tom Arceneaux during the mid-April ceremony.
“Ladies, gentlemen, Mayor Tom Arceneaux and the wonderful people of Shreveport, it is an honor for me to stand before you here today,” the veteran rapper said during the event. “As someone who’s always believed in the transformative power of music, film and television, I’m really excited to show you the expansion of film and television through G-Unit Studios right here in Shreveport.”
