A few weeks ago 50 Cent made the news for a major business move when it was announced that he had received a boat load of cash by selling one of his previous albums for Bitcoin. Today, Fif is singing a different tune. He has declared in bankruptcy court that he does not have his hand in any cryptocurrency. In a sworn declaration in bankruptcy court Fifty said “[I have] never owned and [do] not now own, a Bitcoin account or any Bitcoins.” This is interesting because just last month Fifty was tweeting about owning millions of dollars in Bitcoin.
The word is that 50 accepted Bitcoin for the sale of his 2014 album “Animal Ambition” which made about 700 in Bitcoin sales which would have been worth about $7 million last month.