The rapper, still ironing out a bankruptcy case, said he’d promoted the false reports because they were ‘favourable to my image’
Rapper 50 Cent, AKA Curtis Jackson, has denied he is a bitcoin millionaire, after earlier reports stated he had around $8m in bitcoin earnings he had forgotten about.
In 2014, he allowed fans to purchase his album Animal Ambition using the cryptocurrency. Earlier this year, the website TMZ reported that Jackson had earned around $400,000 of bitcoin from the transactions, but had forgotten about them, and his account was dormant. TMZ suggested that, with the recent spike in the value of bitcoin, Jackson had multiplied his initial stake many times over.