50 Cent is denying recent media claims of him having a fortune in Bitcoin, according to new bankruptcy documents obtained by The Blast. In the midst of the cryptocurrency boom, it was reported that 50 made $8 million by accepting Bitcoin as payment for his 2014 Animal Ambition album.
When the story initially broke, the G-Unit leader bragged about the news on social media. One since-deleted post said, “I know I make you sick but excuse me I’m getting to the bag #denofthieves,” while another stated, “Not bad for a kid from South Side, I’m so proud of me.”
Now, 50 is facing accusations of failing to reveal his cryptocurrency assets in bankruptcy court. In response, 50 claims he “never owned, and does not own, a bitcoin account or any bitcoins, and to the best of his knowledge, none of his companies had a bitcoin account from 2014 to the present” in a statement to the court.
When questioned why he previously allowed the fake story to run, he explains, “So long as a press story is not irreparably damaging to my image or brand, I usually do not feel the need to publicly deny the reporting.”
50 has been in a long legal battle since filing for bankruptcy in 2015.
Hes lying, I remember him getting clowned for it back when it happened. He def got paid in bitcoin for that album
fix got caught doin the bow wow challenge
Believe half of what you hear and part of what see
it goes, believe none of what you hear, and half of what you see.
50s a loser but so is anyone associated with Aftermath. Dre never wrote anything in his life and pretended to be gangster, Jimmy Iovine is a scumbag, Rosenburg is a p.o.s. and Eminem bit his style from Cage and RA, fucked over Stat Quo, and ruined Slaughterhouse and Yelawolf with shitty pop production, on top of helping dumb down rap through the promotion of 50 cent’s club rap career.
SHUT UP JA!!!! LMAO!!!!
Of course Rosenberg is a piece of shit. He’s jevvish, remember.
50 don’t gor millions in bitcoin but G-Unit probably does
Been telling yall it was fake news weeks ago
You fucking idiots have no fucking clue. Quick to jump on a comments sections before doing the basic research. All you have to do is google crytocurrancy and you will see this.
a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
“decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation”
Now he is hardly gonna fucking say he made money off something the fucking system cant track.
Dickheads
This fuckin black primate should not even discuss BTC.
People believe everything 50 Cent says about his money. lol He lies to his dumb fans to convince them he’s some kind of business genius. I know his delusional fans will some how spin this into an intricate excuse like they ALWAYS do whenever this guy gets exposed. He DIDN’T invest in bitcoin, HE DIDN’T make $400 Million off vitamin water, he DIDN’T make any money off Game records, he was bankrupt because HE DIDN’T have enough to pay his creditors. He’s not a “smart business man” you fatherless [male] groupies, he’s a liar.
Meanwhile you typed this in your momma basement getting free wifi from the only neighbor without a passcode…you’re wondering why you got the dealt that bad hand of cards, and even your ex left you for a nig with a 2005 nissan altima
2005 nissan Altima…LMAOOOOOO
Get him booyy!!!!!
He Mos Def made money off The Game
50 doesn’t want the tax man on his ass.
Number one snake in music. If you support him you need a lobotomy.
Birdman and Puffy are far bigger snakes than 50. At least 50 pays his artists.
He treated a lot of his artists like ****. But when he needs something, he calls them to reunite.
Bigger fraud than soldier boy
sounds like plausible deniability… white folks hide their money all the time, seems like 50 is taking a page out of their book.
a lot of experts in these comments … you prolly already super rich from all the wisdom you guys possess. Thanks for a good laugh. Really appreciated. hah