Kanye West has claimed that his former business partners adidas have placed a whopping $75 million hold on four of his bank accounts.
Speaking to celebrity gossip outlet X17, Ye explained why he’s running for president again in 2024. He said his decision had something to do with adidas allegedly going into his bank accounts and locking up all of his money.
If the athletics company was somehow legally able to do that, Ye’s defense was for him to run for election to change the laws and protect Americans along with their money.
“The reason why I’m announcing that I’m running for president is I want the FCC to look at my money,” Ye said. “If they actually see, I was looking at my money, and there might have been a possibility that adidas wouldn’t have went into JP Morgan and froze my account and put a $75 million hold on four different accounts.”
He added: “I went from being a multi-billionaire to not even being able to use my Apple Pay four nights ago. I couldn’t use my Apple Pay because someone how Adidas was able to legally go in and freeze my money, and when I see this, I think, well, if this could happen to me, this could happen to other Americans, and for what?
“You know this can happen to an American that didn’t even steal anything, that didn’t even hurt anyone. This could just happen to you for saying the wrong idea out loud.”
Ye’s comments come after adidas severed business ties with him in October after he made some anti-Semitic remarks. The company issued a statement effectively ending the union and explained it is expected to lose approximately $246 million in net income in 2022 after parting ways with Kanye West, while Bloomberg reported its shares fell by as much as 4.5 percent.
“adidas does not tolerate antisemitism and any other sort of hate speech,” the statement read. “Ye’s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness.”
The company continued: “After a thorough review, the company has taken the decision to terminate the partnership with Ye immediately, end production of Yeezy branded products and stop all payments to Ye and his companies. adidas will stop the adidas Yeezy business with immediate effect.”
According to Forbes, Ye’s status as a billionaire was no more following the termination of his lucrative adidas deal. Forbes estimated Kanye’s partnership with the German sportswear giant accounted for $1.5 billion of his net worth. Now that he’s been dropped by the company, Ye is reportedly worth closer to $400 million.
Earlier this month, adidas announced it will still be selling Yeezy products under a new brand name which didn’t sit right with fans. According to Insider, adidas’ Chief Financial Officer Harm Ohlmeyer relayed that the company owns all of the “new versions” and “colorways” of the Yeezy designs.
And of course, all his smooth brain followers will eat this shit up. WOAH CANT USE MY APPLE PAY ADIDAS CANCEL CULTURRRRRRRRRRRRE!!!!
Moron. No, Ye, I don’t need you to protect my money and the people who have become your new friends don’t care about our money either.
Zero fux given on my side
Ye a Hitler loving fool
Now the true haters of people show themselves. Hitler is not the problem, it’s people like YOU! There’s proof Hitler told the Jews to leave Germany several times. That’s why he said what he did was the final solution. He was the country’s leader and did what he ythought he needed to do. I don’t agree with it. But what else could he do to a people living within his walls, who supposedly declared war on Germany first, then wouldn’t leave the country. You’re own people Said this. Go figure.
> Zero fux given on my side Ye a Hitler loving fool
Ye IS a Hitler loving fool. “Is” is a state-of-being verb, and and you left it out of your sentence.
It’s okay, it doesn’t mean you’re a fool unless you always leave it out, which I’m sure you don’t.
Zero fux given on my side
Ye a Hitler loving fool
Yet he seems to be against the actual nazis.. A shoe company froze his bank account… just because the media told you to not like him doesn’t mean you ignore all the other obvious signs of the true nazis.
He’s only running for president to get his money back, he just told you that. EVERYTHING he does is for him. Even when he lies to you about the Jews, it’s for him.
Your an Idiot!
>Your an Idiot!
It’s” you’re an idiot”.
I think you might want to refrain from calling people idiots while, well, you know …
It’s gonna be great watching that time bomb nutter go down the drain again. Maybe he finally offs himself this time!!!! So exciting!! At this point his downfall is irreversible. No more wife, no more kids, only maga nutters as fans, fortune cut by 85% ( so far). Where is your god now biznatch? This mofo is getting his popcorn ready!!!! Ooo weeee!!! Go f yourself stupid donk kanye fans. Pig ignorant qlowns!!
Go off yourself? Wow, you must really hate yourself and your life to say something so ugly. You don’t know this man. He may have said some stupid shit done stupid shit and will keep making mistakes. It’s called being human. Must be nice to be perfect.
Stupid sheep… brainwashed to the fullest extent huh? Your still hating trump too? Mk ultra really has ahold of youu some wannabe goon eating off a silver spoon hailing nazi biden and the dream team to will be your doom
If Adidas closed an account, it is evident the account was not kanyes in the first place. It was en Adidas account kanye has access to WHEN HE WAS ADIDAS EMPLOYEE.
My boss took away the company car when i quit my job.. but then again i dont have kanyes persecution fetish.
You’re not even TRYING to hear anything! This type of behavior from a company is called tyranny. How did addicts actually “freeze” an account. The last time I checked, only a bank or the IRS has that capability. WtF is going on in America? This cancel culture is overstepping ALL boundaries.
Adidas didn’t freeze his accounts, a judge had the bank do it because he’s being sued by Adidas. This happens all the time to the rich, and the not so rich. It to make sure that Kanye doesn’t take the money and hide it to keep from paying if he loses the case. It happens in divorces also. Even if Kanye isn’t a billionaire anymore, he’s still worth about $400 million (supposedly). The banks only froze a total of $75 million. And he can’t use his Apple Pay? All he had to do was switch to a bank card or credit card to another account. I’m no millionaire, but even I can manage an Apple Pay account. But he just has to pander to the uninformed.
I’m willing to bet you any amount of money that if you sued Adidas, no judge would freeze Adidas’s bank accounts.
They also removed ye’s ability to pay for his defense.
This is a Civil suit, the judge is not supposed to be solely looking out for a corporation’s interests.
Although in the USA, that’s usually what they do.
ConYe is about ConYe and ConYe alone and running for president is the best way to make money, you know, where did the funding go???
Get the money from your homeboy Donald Trump. Kick rocks negro
Get the money from your homeboy Donald Trump. Kick rocks negro