Bitcoin: How 50 Cent accidentally made $9.9m
FEW thought it was good to bet on bitcoin once. The rapper didn?t even remember he did, but now he?s reaping the rewards. Even though 50 Cent filed for bankruptcy it appears appraises have found over $10 million in checking and brokerage accounts and his businesses are worth over $44 million. 50 Cent didn?t even realise bitcoin has made him a multi-millionaire. Picture: Kevin WinterSource:Getty Images WHEN 50 Cent released Animal Ambition in 2014, he decided he?d take a leap of faith and accept bitcoin as a legitimate way to pay for his fifth studio album. Plenty of people scoffed at the rapper?s decision to embrace the volatile digital currency but less than four years later, the 42-year-old is laughing all the way to the bank. This information was discovered by us on January 16, 2019 1:39 PM. Check out www.news.com.au to find more similar content.
50 Cent becomes a bitcoin millionaire | IOL Business Report
International / 26 January 2018, 07:30am / Staff Reporter A little bitcoin anyone? LOL. l know l make you sick but excuse me.I?m getting to the bag ? #denofthieves pic.twitter.com/DCJu2thDr9 ? 50cent (@50cent) January 23, 2018 What if 50 Cent changes his name to 50 Bitcoin ? Hunter Lacey (@hunterlately) January 25, 2018 Gotta hand it to 50 cent. Who else gets shot nine times and hodls 700 Bitcoin. ? Michael Krieger (@LibertyBlitz) January 25, 2018 #PitchBlackAfro 'should have managed his emotions better,' says friend Zimbabweans are begging for help Mboweni wants end to Zimbabwe sanctions Target of deadly Nairobi militant attack was US conference - authorities This item was obtained by us on January 16, 2019 1:38 PM. Browse www.iol.co.za for additional posts.
50 Cent Made $8 Million in Bitcoin and 'Totally Forgot' All About It - Maxim
Curtis Jackson is better known to fans as 50 Cent. Most fans know his stage name is not a reference to his bank account. As for 50, he apparently doesn't even know how much he has in the bank. Because how do you miss $8 million? Pretty easily, according to Fitty. TMZ reports the rapper earned the money on his 2014 album Animal Ambition, which was available for purchase with Bitcoin, at the time still a rare and lesser-known form of cryptocurrency. 50 acknowledged the money in an Instagram comment that's been deleted, reports Newsweek, saying, "I?m a keep it real I forgot I did that shit. Lol." We're not sure why he'd delete that, it's pretty funny, but he did later tweet about it. This data was obtained by us on January 16, 2019 1:38 PM. You may want to visit www.maxim.com to find more similar content.
50 Cent apparently made a ton of money on Bitcoin
Most people don?t really understand Bitcoin or how it works, allowing a small handful of those who do know how it works to inexplicably make a whole bunch of money by?doing something related to computers. Apparently, 50 Cent is one of these people who somehow made a bunch of money using Bitcoin?which apparently just exist digitally and are not created by jamming dimes into a computer?s USB ports?with TMZ claiming that he could be sitting on somewhere around $7 million in these space bucks. 50 Cent accepted Bitcoin payments for his 2014 album Animal Ambition, selling it for a fraction of a single coin back when the things (which, again, are not physical things) were worth around $600 each, and TMZ says he made about $400,000 in Bitcoin sales. He still has those Bitcoins according to the site?s sources, and thanks to the meteoric rise in value that this cryptocurrency has enjoyed lately, that collection should now be worth between $7 million and $8.5 million. Of course, the problem with Bitcoin (other than the fact that it may cause you to ruin your USB ports by stupidly cramming dimes into them) is that the value fluctuates like crazy?so it could be worth nothing by the time you read this sentence. This entry was retrieved by us on January 16, 2019 1:38 PM. You may want to visit www.avclub.com for additional posts.
50 Cent forgot he had a stash of Bitcoin now worth $8m - BBC News
These are external links and will open in a new window 50 Cent has discovered that he is a Bitcoin millionaire, thanks to some long-forgotten album sales. In 2014, he released the album Animal Ambition and became the first artist to accept Bitcoin as payment. The rapper received more than 700 Bitcoins under the deal, but then forgot about the cryptocurrency, according to celebrity news site TMZ. The hoard is worth $7-$8m, although the currency's price volatility means that could change fast. In 2014, one Bitcoin was equivalent to about $662, but was worth about $11,200 on Thursday according to Coindesk. This data was obtained by us on January 16, 2019 1:38 PM. Check out www.bbc.com for more similar content.
50 Cent's Earned Millions Selling His Album for Bitcoin | TMZ.com
50 Cent ?took a chance on bitcoin years before anyone knew what cryptocurrency even was ... and it's paid off more than 7 million times over. Rewind to 2014 and 50's album, "Animal Ambition," when the rapper became the first to accept bitcoin -- which was then valued at around $662/bitcoin -- as payment for his work. We're told customers could get a copy of the album for just a fraction of a whole bitcoin. Our sources say "Animal Ambition" pulled in about 700 bitcoin in sales ... over $400k. We're told the cryptocurrency sat dormant in his account for years. Fast-forward to today -- when bitcoin's value has fluctuated between $10k and $12k per coin. Turns out 50 is a money genius ... sitting on anywhere between $7 million and $8.5 million. This publication was obtained by us on January 16, 2019 1:38 PM. Check out www.tmz.com for complete listings from this source.
50 Cent accidentally became a Bitcoin millionaire
If you're looking for 50 Cent you can probably find him in the club, celebrating his new Bitcoin fortune worth over $7 million. Yeah. Apparently years ago while you were all snoozing on the future cryptocurrency fad, rapper 50 Cent "took a chance" on Bitcoin and started accepting the digital coin as payment for his music. He essentially forgot all about it, until the recent Bitcoin boom reminded him, and has since realized the move seriously paid off. SEE ALSO: Stripe won't accept Bitcoin anymore The rapper's unexpected riches were first reported by TMZ on Tuesday, who noted 50 Cent first started accepting Bitcoin as payment after releasing his 2014 album, "Animal Ambition." This publication was retrieved by us on January 16, 2019 1:38 PM. Browse mashable.com for more similar content.
Rapper 50 Cent Backtracks on Bitcoin Millionaire Reports | Newsmax.com
Actor/rapper Curtis Jackson aka 50 Cent (Stephen Lovekin/Getty Images) By Clyde Hughes | Wednesday, 28 February 2018 09:52 AM Rapper 50 Cent, for the record, never owned Bitcoin and therefore never made millions on the rapid rise of the cryptocurrency, he confessed in bankruptcy court documents filed last week. According to CNBC, the rapper clarified in documents relating to his 2015 Chapter 11 bankruptcy filing that he doesn't own "and have not owned, either a Bitcoin account or any Bitcoins." In January, 50 Cent shared a screenshot of a TMZ article on social media, captioning it: "Not Bad for a kid from South Side, I'm so proud of me." This entry was found by us on January 16, 2019 1:38 PM. Have a look at www.newsmax.com for more.
50 Cent Realized He Has Millions In Bitcoin From Before It Was Cool
Rapper, actor, and entrepreneur Curtis Jackson, aka 50 Cent, and son Sire Jackson arrive for the Premiere Of STX Films' 'Den Of Thieves' at Regal LA Live Stadium 14 on January 17, 2018 in Los Angeles, California. (Credit: Albert L. Ortega/Getty Images) Rapper, actor and entrepreneur Curtis Jackson, better known as 50 Cent, has been known to get money, but he only recently discovered that he's got millions in Bitcoin, too ? for now, anyway. As TMZ first reported this week, Jackson appears to be the latest in a series of celebrities and other forward-thinking investors found to be Bitcoin millionaires since the cryptocurrency's value left orbit. This information was discovered by us on January 16, 2019 1:38 PM. You may want to visit www.forbes.com for additional posts.
50 Cent admits he didn t make $8M in Bitcoin | Page Six Page Six TV
Thanks for contacting us. We've received your submission. By Francesca Bacardi and Ian Mohr It turns out 50 Cent making a fortune in Bitcoin isn?t true. The ?In Da Club? rapper admits that ?recent media reports have falsely stated? his investments with Bitcoin, according to new documents ? obtained by Page Six via The Blast ? that were filed in Connecticut as part of his ongoing bankruptcy case. The truth is that 50 Cent ?never owned, and does not own, a Bitcoin account or any Bitcoins, and to the best of his knowledge, none of his companies had a Bitcoin account from 2014 to the present.? The ?Power? actor, 42, was referring to reports from last month claiming he had made about $8 million in Bitcoin after allowing his 2014 album, ?Animal Ambition,? to accept the cryptocurrency as payment. This item was retrieved by us on January 16, 2019 1:38 PM. Browse pagesix.com for more.
50 Cent becomes accidental Bitcoin millionaire with forgotten investment Telegraph logo Feed of articles Saved articles Save
50 Cent?s gamble on Bitcoin has paid off handsomely after the rapper discovered his investment in the cryptocurrency is now worth millions. The American performer and businessman, whose real name is Curtis James Jackson III, admitted he had forgotten he even owned some of the volatile cryptocurrency. He let fans purchase his album Animal Ambition for just a fraction of a Bitcoin in 2014, when its price hovered around $662 (£460), with the rapper making 700 Bitcoin from sales. The Bitcoin has remained untouched in his bank account for the past four years, reports say, and is now worth millions. Bitcoin?s price exploded to a high of above $19,000 (£13,000) in December last year but has fallen to just above the $11,000 mark in the early weeks of 2018. This post was retrieved by us on January 16, 2019 1:37 PM. Check out www.telegraph.co.uk for more.
Bitcoin: How 50 Cent Accidentally Became a Millionaire | Inverse
Curtis Jackson, better known by his rap alias 50 Cent, has built up one of the most impressive resumés of all time. He dominated the hip-hop scene in the early 2000s, started world-famous rap clique G-Unit, and now he?s a bitcoin millionaire. That?s right, even legendary emcees are hopping on the cryptocurrency bandwagon, though 50 Cent?s crypto chronicles began completely unintentionally. According to a report from the Los Angeles Times, the rapper was one of the first major musicians to accept bitcoin payments for his 2014 album Animal Ambition. Sales for his fifth studio album were pretty underwhelming compared to his previous projects. But of the 205,000 copies sold, a portion were paid for in bitcoin, netting 50 Cent about 700 bitcoins. This information was retrieved by us on January 16, 2019 1:37 PM. Have a look at www.inverse.com for additional posts.
50 Cent Became a Bitcoin Millionaire from Sales of His 2014 Album
He's laughing straight to the bank. Back in 2015, 50 Cent filed for bankruptcy, and spent the next year and a half paying off more than $22 million in debt to get even. Now, at the beginning of 2018, he's found out that he accidentally became a bitcoin millionaire. A lot can happen in two years. TMZ reports that when the rapper released his 2014 album Animal Ambition, he accepted payment in the form of bitcoin. In those long ago days, people weren't hungrily chasing cryptocurrency fluctuations like they do today. Bitcoin was worth just $662, meaning fans paid fractions of bitcoin for the release, which added up to 700 bitcoin total in album sales. Then, it just sat there. This post was discovered by us on January 16, 2019 1:37 PM. Browse www.esquire.com for additional posts.
50 Cent Reportedly Made Millions in Bitcoin After Accepting it for Album Payment in 2014 | Complex
Deputy Music Editor. Contact: Twitter / IG Since it was announced in early 2017 that 50 Cent was no longer bankrupt, the rapper-turned-mogul's financial situation keeps taking wild new turns in positive directions. Last July, he sold a $60 million share in Effen Vodka, and now it's been revealed that he made millions by getting into the suddenly trendy cryptocurrency game early. According to a report from TMZ, 50 became the first rapper to accept bitcoin as payment for his Animal Ambition album upon its 2014 release. The project reportedly earned him 700 bitcoins in total. At the time, each bitcoin was worth $662, so 50 pocketed approximately $463,000 in sales. This post was first seen by us on January 16, 2019 1:37 PM. Browse www.complex.com for more.
50 Cent Denies He's a Bitcoin Millionaire In Bankruptcy Filing Academy caret Investopedia Logo
Rapper 50 Cent denied he's a bitcoin millionaire in a bankruptcy filing, where he threw cold water on his newfound cryptocurrency street cred. 50 Cent, whose real name is Curtis Jackson, filed a sworn statement with a Connecticut bankruptcy court last week asserting that he "has never owned, and does not now own, a bitcoin account or any bitcoins." The media hype erupted in January 2018, when celebrity gossip site TMZ reported that 50 Cent had received 700 bitcoins as payment for his fifth rap album "Animal Ambition," in 2014. (See more: Rapper 50 Cent Just Realized He's a Bitcoin Millionaire.) Based on today's bitcoin price of about $10,500 per token, that amounts to more than $7 million. That hefty trove undermined 50 Cent's claims in his bankruptcy filing, where he insists he's broke as a joke and can't afford to pay his debts. This article was discovered by us on January 16, 2019 1:37 PM. Visit www.investopedia.com for more from this source.
Rapper 50 Cent Just Realized He's a Bitcoin Millionaire Academy caret Investopedia Logo
50 Cent?s decision to accept bitcoin payments for his 2014 ?Animal Ambition? album has netted the Grammy award-winning rapper a multi-million dollar windfall. Celebrity gossip website TMZ reported that 50 Cent, real name Curtis Jackson, raked in about 700 bitcoins after agreeing to accept payments in the volatile digital currency for his fifth album. When ?Animal Ambition? was released in June 2014, one bitcoin was worth $662. If the report of his 700 bitcoin haul is accurate, that means Jackson made around $460,000 in sales at the time and now holds bitcoin worth roughly $8 million, according to Coindesk. This item was first seen by us on January 16, 2019 1:37 PM. See www.investopedia.com for additional posts.
50 Cent Admits He Never Had a Bitcoin Fortune But Played Along For Show | SPIN
Sorry, but 50 Cent isn?t sitting on a secret fortune of forgotten bitcoin riches after all. Last month, TMZ reported that 50?real name Curtis Jackson?had accepted online payment in bitcoin for the release of his fifth album Animal Ambition in 2014, well before cryptocurrency became a hot speculative investment. The revenue, TMZ claimed, was as high as 700 bitcoin, then worth a few hundred thousand but, with the coin?s value spike over the past year, now theoretically valued at as much as $8.5 million. But in a Friday court filing first obtained by The Blast, lawyers representing 50 in his recently concluded bankruptcy case admitted that he?s ?never owned, and does not now own, a bitcoin account or any bitcoins, and to the best of his knowledge, none of his companies had a bitcoin account.? Fans were able to buy Animal Ambition in bitcoin on 50?s website, the filling states, but the currency was paid to a management company and ?contemporaneously converted to U.S. dollars by another independent third party? before it was transferred to 50?s company G-Unit. At the time, one bitcoin was worth $657, according to TechCrunch, which examined transactions listed in the court filing and concluded that cryptocurrency sales of Animal Ambition probably only brought in around 6 or 7 bitcoin total?just a few thousand bucks. This post was found by us on January 16, 2019 1:37 PM. Check out www.spin.com to find more similar content.
Experts Predict Bitcoin To Soar in 2019
With 2018 being less than kind to Bitcoin and the crypto markets, investors and traders alike have got their fingers crossed for 2019 to be the year that sends Bitcoin to its once all-time high of $20,000. But the thing is, we know the highs Bitcoin has potential to reach but what about the lows? Investors are still wondering where the bottom exactly is for Bitcoin. The co-founder of Union Square Ventures, Fred Wilson believes that the bears grip on the market and the losses that many people have had is nearly over saying, ?I expect we will see some bullish runs, followed by selling pressures taking us back to retest the lows.? Wilson goes on to say that the bulls will run once more in 2019 and that the end of the bear market is just around the corner saying: ?I think this bottoming out process will end sometime in 2019 and we will slowly enter a new bullish phase in crypto.? This article was first seen by us on January 16, 2019 1:37 PM. Browse cryptodaily.co.uk for more from this source.
50 Cent denies bitcoin collection in bankruptcy court documents
Last month, 50 Cent reportedly ?forgot? about a bitcoin collection said to be worth millions. Now he claims the secret stash never existed. » RELATED: 50 Cent ?forgot? about his bitcoin collection that?s now worth millions The rapper, who recently filed for bankruptcy, never owned the cryptocurrency, according to court documents obtained by The Blast. He said media outlets ?falsely stated? his earnings, but he didn?t ?feel the need to publicly deny? the stories since it did not ?irreparably damage? his image. ?This is particularly true when I feel the press report in question is favorable to my image or brand, even if the report is based on a misunderstanding of the facts or contains outright falsehoods,? he said. This information was first found by us on January 16, 2019 1:36 PM. You may want to visit www.ajc.com for more similar content.
50 Cent Just Made Millions Off of Bitcoin Entirely by Accident | GQ
According to legend, the man born Curtis Jackson took the name 50 Cent as a metaphor for "change," because rappers, much like people who write about rappers, are big pun fans. (See what I did there?) Lately though, Jackson's stage name has been the source of a lot of irony as the rapper entered, and then exited, bankruptcy. But not only is he on the upswing?it turns out that he might have accidentally become the one thing everyone is trying to become these days: a Bitcoin millionaire. On Wednesday, TMZ reported that 50 Cent has come into a Bitcoin fortune, thanks to the then-strange decision to accept Bitcoin when selling his 2014 album, Animal Ambition?and people took him up on it. Animal Ambition earned 700 Bitcoin, which TMZ estimates to come out to seven million in 2018 U.S. dollars. Imagine that: A sales stunt that was, at the time, effectively meaningless has now, almost four years later, turned into a damn fortune. If this is real, 50 Cent fell ass-backwards into a digital gold mine. This share was discovered by us on January 16, 2019 1:36 PM. Check out www.gq.com for complete listings from this source.
Rapper 50 Cent Makes $8 Million in Bitcoin: I Forgot I Did That
A bitcoin success story for the ages: Rapper 50 Cent forgets he took a chance on the cryptocurrency in 2014 and accidentally makes almost $8 million four years later. 50 Cent, who is known for his hit songs ?In Da Club? and ?P.I.M.P.,? reportedly accepted payment for his 2014 album Animal Ambition in the form of the now-very-profitable cryptocurrency bitcoin. Curtis '50 Cent' Jackson attends Annual Charity Day hosted by Cantor Fitzgerald and BGC at BGC Partners, Inc. on September 11, 2015, in New York City. Getty Images North America ?I?m a keep it real I forgot I did that shit. Lol," the rapper said in a since-deleted comment on Instagram. This share was found by us on January 16, 2019 1:36 PM. Visit www.newsweek.com for complete listings from this source.
50 Cent Just Made $8 Million In Bitcoin And How He Did Is Absolutely Hilarious - Narcity
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50 Cent Admits He Never Owned or Invested In Bitcoin - Black Enterprise
50 Cent does not, in fact, own or has ever owned any bitcoin.The Queens rapper admitted in court documents that he did not make $8 million in bitcoin by accepting the cryptocurrency as a form of payment for his 2014 album, Animal Ambition. In a court document filed in bankruptcy court, first obtained by The Blast last Friday, rapper Curtis Jackson admitted that he ?never owned, does not own, a bitcoin account or any bitcoins and to the best of his knowledge, none of his companies had a bitcoin account from 2014 to the present.? A third party, Central Nervous, however, did manage the website of G-Unit Records, 50 Cent?s record label from which all his albums and merchandises were sold among other things, bitcoin, the court documents said. Although Central Nervous processed the online sales and accepted bitcoins as payment, the bitcoins accepted were converted to U.S. dollars through Bitpay, and that it was the converted U.S. dollars, not bitcoins, that G-Unit received. This publication was retrieved by us on January 16, 2019 1:36 PM. Have a look at www.blackenterprise.com for more from this source.
50 Cent says he accidentally made millions in bitcoin - Business Insider Menu Icon
The rapper 50 Cent on Wednesday confirmed a TMZ report that he had made about $8 million by accepting bitcoin as payment for his 2014 album, "Animal Ambition." TMZ calculated that the 700 bitcoins 50 Cent received for the album in 2014 and sat untouched in his account for four years would be worth between $7 million and $8.5 million today. The rapper confirmed the report by posting a screenshot of the TMZ article on Instagram with the caption: "Not bad for a kid from South Side, I'm so proud of me." The Verge notes that he later commented on the post, which has since been deleted, "Ima keep it real, I forgot I did that shit lol." This article was obtained by us on January 16, 2019 1:35 PM. Browse www.businessinsider.com for more from this source.
50 Cent Swears Under Oath He Doesn't Have Any Bitcoin - Motherboard
In the world of Bitcoin, tales of fortunes won and lost abound, but few have attracted the attention garnered by 50 Cent?s Bitcoin saga. In January, the rapper took to social media to brag that he had ?forgotten? about the approximately 700 bitcoins he had received in payment for his 2014 album, ?Animal Ambition.? At the time, those bitcoins were worth about $450,000, but at today?s prices, they?d be worth closer to $7 million (actually, it?d be quite a bit more, if you include all the Bitcoin forks that have happened since then). ?Technology is what?s changing the business gotta get with it,? 50 cent wrote in a 2014 Reddit AMA about his decision to accept bitcoin for the album. ?I take money no matter if its coins or dollars.? This information was discovered by us on January 16, 2019 1:35 PM. Check out motherboard.vice.com for additional posts.
50 Cent No Longer Bragging About a Bitcoin Fortune Now That the US Government Is Interested
It?s been a month since 50 Cent was part of the best feel-good story of the cryptocurrency boom. Following reports that the hip-hop star had earned about $7.8 million worth of bitcoin from sales of an otherwise forgotten album, he seemed to confirm the news on Instagram. But when pressed in bankruptcy court, Fiddy acknowledged that wasn?t the case. TMZ was the first to claim that the rapper had fortuitously accepted Bitcoin payments for his 2014 album Animal Ambition and for some reason had never cashed them out. The report claimed that, at the time of the album?s release, he raked in 700 bitcoins that would?ve been valued around $400,000. These days they would?ve been worth closer to $7.8 million. And Motherboard crunched the numbers to include the forks that occurred in the intervening years, which brought total up to $9.2 million. 50 Cent?s response was coy. In a now-deleted comment on Instagram, he wrote, ?I?m a keep it real. I forgot I did that shit.? Now, however, he claims didn?t actually do that shit. This article was discovered by us on January 16, 2019 1:35 PM. Visit gizmodo.com for complete listings from this source.
Rapper 50 Cent: Actually, I'm Not a Bitcoin Millionaire | Fortune Close
Rapper 50 Cent, legally known as Curtis Jackson III, says he isn?t a bitcoin millionaire after all despite his implying that he was just over a month ago. At that time, TMZ published a report stating that Jackson had accepted roughly 700 bitcoin as part of his work on the 2014 album, Animal Ambition. Back then, the bitcoin stash would?ve gone for about $400,000, but with today?s rate, the rapper would?ve been sitting on nearly $8 million. He all but confirmed the news with a screenshot of the article on Instagram with the caption, ?Not bad for a kid from South Side, I?m so proud of me.? Now, however, Jackson says that he doesn?t actually own any bitcoin, and his post from Instagram has been deleted. Chapter 11 bankruptcy documents cited by CNBC and referencing the TMZ report, state that bitcoins received for the album were ?contemporaneously? exchanged for dollars, which would?ve netted him a much lower haul four years ago. This publication was retrieved by us on January 16, 2019 1:35 PM. Browse fortune.com for additional posts.
Turns out 50 Cent isn t a surprise bitcoin millionaire after all - MarketWatch
Published: Feb 28, 2018 3:26 a.m. ET Rapper now says he owns no bitcoin, just played along with erroneous story Rapper 50 Cent is now admitting that he didn?t actually make $8 million in bitcoin that he forgot he had, and that he was just playing along with an erroneous but favorable story. ?I do not personally own, and have not owned, either a bitcoin account or any bitcoins,? said 50 Cent ? whose real name is Curtis James Jackson III ? in a bankruptcy court filing last week. He said he did not dispute a TMZ report in January that he had made a surprise bitcoin windfall because: ?As a general matter, so long as a press story is not irreparably damaging to my image or brand, I usually do not feel the need to publicly deny the reporting,? he said in sworn testimony, according to the filing. This share was retrieved by us on January 16, 2019 1:35 PM. See www.marketwatch.com for more similar content.
50 Cent 'forgot' he had bitcoin now it's worth over $7 million
Rapper 50 Cent, also known as Curtis Jackson III, has reportedly amassed a small fortune in cryptocurrency. Jackson racked up about 700 bitcoins after agreeing to accept digital currency as an alternative form of payment for his 2014 album "Animal Ambition," according to TMZ. That stake is now worth over $7 million. In a now-deleted Instagram post, the 42-year-old took to social media to congratulate himself. In a post referencing the original TMZ report, he wrote, "Not Bad for a kid from South Side, I'm so proud of me." He followed up with an additional comment saying, "I'm a keep it real. I forgot I did that s---." This data was obtained by us on January 16, 2019 1:35 PM. Have a look at www.cnbc.com for complete listings from this source.
50 Cent backtracks, swears he's not a bitcoin millionaire
Rapper Curtis Jackson III, also known as 50 Cent, is correcting himself about the bitcoin fortune he implied he forgot he had, and which would have been worth over $7 million. He's now saying he never had it at all. In January, Jackson shared to his social media accounts a TMZ report claiming the rapper had raked in around 700 bitcoins during a 2014 album sale. CNBC Make It reported that a stake of that size would be worth about $7.8 million. Now, however, Jackson is swearing there is no fortune. On Friday, under penalty of perjury, the rapper filed documents relating to his 2015 Chapter 11 bankruptcy case to clarify that he doesn't own, "and have not owned, either a bitcoin account or any bitcoins." This data was found by us on January 16, 2019 1:35 PM. Visit www.cnbc.com to find more similar content.
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