First, he forgot about owning millions of dollars' worth of bitcoin and then bragged about it. Now, 50 Cent, who filed for bankruptcy bankruptcy, says that he never owned any of the digital currency after all, NPR.org reported. The rapper, whose given name is Curtis Jackson, acknowledged in a 2014 Reddit discussion that he had accepted bitcoin in partial payment for his Animal Ambition album. A TMZ report subsequently reported an estimate of the amount he received was about 700 bitcoins. At the time, individual units of the volatile cryptocurrency would have been worth a few hundred dollars each, but today, bitcoin is valued at around $10,000. In a (since deleted) Instagram post in January, the rapper bragged about his discovered windfall, saying he "forgot" that he had owned it. However, in a bankruptcy filing late last week, lawyers for the artist told the court that the recent media reports "falsely stated" that he owned any bitcoin at all.
