50 Cent admits in bankruptcy document that he never actually owned any bitcoin


50 Cent admitted that he did not, in fact, make $8 million in bitcoin by accepting the cryptocurrency as a form of payment for his album Animal Ambition back in 2014. In a Friday court document obtained by The Blast, the rapper admits that he has never owned bitcoin, and only went along with the initial report from TMZ because “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 added, “This is particular true when I feel the press report in question is favorable to my image or brand.” It did make 50 Cent initially look like a baller when, at the height of bitcoin’s value, he appeared to be $8 million deep in cryptocurrency. But, to prove that he is...

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via The Verge - Tech Posts "http://ift.tt/2GOpRF3"

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