50 Cent files for bankruptcy protection
According to documents lodged in the U.S. Bankruptcy Court in Hartford, Connecticut and obtained by the Wall Street Journal on Monday July 13, 2015, the hip-hop star has filed under his real name, Curtis Jackson, and lists his debts as “primarily consumer”.
The news comes two months after 50 Cent’s boxing promotions company, SMS Promotions, also filed for “relief under chapter 11 of the Bankruptcy code”, and just days after he was ordered to pay $5 million to a woman who sued him over a leaked sex tape.
Lastonia Leviston, who has a child with 50 Cent’s rap rival Rick Ross, claimed the In Da Club hitmaker acquired a sex tape she made with her then-boyfriend and used it without her permission in a 2009 spoof video featuring his alter ego, Pimpin’ Curly. He also provided commentary.