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Friday, January 28, 2022

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50 Cent files for bankrupcty

But not because he’s broke.

After being ordered to pay $5 million for leaking a sex tape, rapper 50 Cent, or Curtis Jackson, has filed for chapter 11 bankruptcy.

From the Wall Street Journal:

In court papers filed in the U.S. Bankruptcy Court in Hartford, Conn., Mr. Jackson reported assets and debts each in the range of $10 million to $50 million.

He must pay the $5 million to colleague Rick Ross’ ex-girlfriend, who is featured in the leaked tape.

From Associated Press:

“The lawsuit stems from a 13-minute video that appeared online in 2009 featuring a wig-wearing 50 Cent as a narrator dubbed Pimpin’ Curly. The character made explicit remarks about [the woman] and taunted rap rival Rick Ross, who wasn’t in the video but has a daughter with [the woman].”

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Ruben Jay
Ruben Jay is an American broadcaster, media blogger, and podcast host. Currently, Ruben is the President of MultiMediaMouth.com and the executive producer and host of the popular podcasts You’re My Best Friend and ON AIR with Ruben Jay, exclusively on MultiMediaMouth.com. Follow Ruben on Instagram, Twitter, and Tiktok @TheRubenJay.

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