Lil Durk has taken down one of his social media profiles while suggesting that he’s currently going through it on another platform.
On Wednesday (December 20), the Chicago native posted a brief and vague note on Twitter: “See y’all next year smurk back on his pain shit [bandaged-heart emoji] ……2024”
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It is unclear what exactly he was trying to hint at, though fans did noticed that his Instagram account was deactivated around the same time.
Whether the 31-year-old was opening up about being in pain or teasing new music inspired by emotional torment remains uncertain, though fans aren’t likely to find out before next year.
Though the tweet does raise concerns about Durk’s well-being, not much is known about what he is currently going through. He was, however, hit with a hefty lawsuit for allegedly trying to sell the rights to the same song twice earlier this month.
According to court documents obtained by HipHopDX, Exceed Talent Capital has claimed that Durkio had contractual obligations to them for the song “Bedtime.” However, he had already sold its rights to Sony Alamo Music, which the plaintiff claims is an act of fraud.
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The legal papers state: “Through this action, plaintiff Exceed Talent Capital, LLC (“plaintiff” or “Exceed”) seeks redress against defendants for their manifest fraud and concomitant breaches of the parties’ Music Revenue Rights Agreement (the “Agreement”), through which defendants purported to grant Exceed significant rights in connection with a sound recording by defendant Durk Derrick Banks (“Banks”), a well-known recording artist who is professionally known as Lil Durk.”
Exceed also contends that they purchased the rights to the song for $600,000 in what they were hoping would be a “fractional investment” scheme. This means ongoing royalties to the song can be sold in small portions (or “fractions”), allowing others to reap the financial benefits.
In this kind of situation, rights to a track can be looked at as a stock of sorts, with each investor getting a portion of what they paid for based on the number of shares they’d purchased.
However, Durk had allegedly sold the rights to “Bedtime” to Sony Alamo for $450,000 already, which Exceed claims they weren’t aware of until they were slapped with a cease-and-desist from the record label back in May.
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Furthermore, they claim that they had to clear the sale with the Securities and Exchange Commission (SEC) before they offered the deal to Lil Durk, and the cancellation of the sale resulted in steep penalties. For that reason, Exceed is seeking $12 million in damages.
