50 CENT BUSTED In Court Over Bitcoin - Bankrupt Rapper Denies He's A Bitcoin Millionaire
In this video, I talk with author and economic analyst John Sneisen about the hot water 50 Cent has found himself in in recent days.
Last month, rapper Curtis James Jackson III claimed that an album he sold for Bitcoin in 2014 accumulated millions of dollars worth of Bitcoin in an Instagram post. He bragged about having found all this Bitcoin years later.
We originally warned on our weekly show on WeAreChange that he was asking for trouble by making this claim considering he's in bankruptcy court after he filed for Chapter 11 in 2015. That bragging about his crypto riches could seriously hurt his chances in court.
Well sure enough, it has. 50 Cent has just denied he owns any Bitcoin in court and claimed that it was all made up. Riiiight....
Something tells us that we were right. He's not the smartest Bitcoin millionaire out there. Either he lied about the Bitcoin or he doesn't want to destroy his chances in bankruptcy court.
Either way, let this be a lesson to all of you. Don't do as 50 Cent does, or you may end up with 50 cents in your bank account.
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He should have kept his mouth shut. Rappers always have to show off. Can't keep their mouth shut.
I remember when around 2014 or 2015, 50 cents got involved in a social media network called Tsu.
It was supposed be similar to facebook but you would get rewarded with money depending on the reach and popularity of your content.
The story doesn't tell if 50 Cents lied about his Tsu rewards.
https://www.billboard.com/articles/business/6289183/tsu-launches-as-first-social-payment-platform
Very interesting find! I may add that to the story when I do my weekly show with @LukeWeAreChange!
In the future he will be changing his name to something like Mr 0.00004594 btc
He shouldn't have bragged about it!he will probably end up with 50 cents!👏
John Sneisen is my favorite personality thanks for sharing video keep it up
Great work for community hope you will share more
How much is 50cent in bitcoins? ))))))
Last time 50 cent told the courts that he was broke he later posted a picture on his social media of him with stacks of cash. It's hard to believe anything he says.
amazing news and thats important for all
thanks for sharing your valuable post with us☺
@upvoted
Whatever he is lied or made safeside to deny that he is a millionaire, He is a very nice rapper i love him, i hope he will be completely satisfy the court and judges let him go with honour...
wow super post