Yesterday (July 13) 50 Cent filed for Chapter 11 bankruptcy protection.
50 Cent spoke on the reason for the filing at the Southpaw press junket in Los Angeles.
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“It’s for protection, so I’m not taken advantage of,” he says.
The G-Unit boss says that he will make some adjustments to his personal account.
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“I’m fine, you don’t see me smiling?” he says, grinning widely.
Friday (July 10) the rapper was ordered to pay Lastonia Leviston $5 million for posting a sex tape of her. Last year, he lost a lawsuit against Sleek, a headphone company he once worked with. That will cost him $16 million.
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“I’ll be aight,” he says.
For additional 50 cent coverage, watch the following DX Daily:
