50 Cent Tells Feds: Bitcoin Fortune Was Fake News

By +Mirumir
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Grand Master

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50 Cent Tells Feds: Bitcoin Fortune Was Fake News

 

Less than a month after rapper 50 Cent reportedly declared that he had accidentally amassed an $8 million fortune by holding on to a cache of bitcoins he received back in June 2014, the Queens-born rapper and actor said in sworn testimony that the bitcoins never existed.

 

According to TMZ and The Blast, the rapper filed a sworn declaration in bankruptcy court saying "[I have] never owned and [do] not now 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.”

 

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Of course, it's unclear if 50 Cent was being dishonest to begin with - or if he's just trying to avoid reporting his bitcoin assets.

 

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In an unrelated development, Deputy Attorney General Rod Rosenstein said the Department of Justice is honing in on criminal uses of cryptocurrencies.

:laugh:

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Grand Master

Jazmac

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IF this story is to be believed,, (TMZ and The Blast.) he's taking advantage of the finance laws that support rich people. 

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