50 Cent had to answer to a bankruptcy court judge because of the money he’s been flaunting on social media. But according to the rapper, he’s using fake money and it’s just to keep up his image.
Last month 50 Cent was accused of hiding assets, and the photos of money on his social media accounts had a bankruptcy attorney looking for answers. But in an affidavit, the rapper said it’s all for show.
“As a hip-hop artist and entertainer, it is imperative that I continue to project aspirational goals of success in order to preserve my brand and those I represent,” he said in an affidavit filed in federal bankruptcy court Tuesday. “My social media posts are a vehicle to perpetuate the demand for my music and entertainment services.”
The rapper said that the money came from props used on his hit Starz show, Power, and that it’s all in good fun. “Using humor,” 50 Cent said, is “an important part of preserving my brand.
“Just because I am sensitive to the needs of maintaining my brand does not mean that I am hiding assets or that I have lied on my filings in the bankruptcy case, neither of which is true. I take my responsibilities and obligations imposed by the bankruptcy code very seriously and have truthfully responded to questions from creditors,” he said.
And don’t expect 50 Cent to stop posting online, even if the money is supposedly fake. He said that a “continuing and consistent presence in social media is an integral part of my future business operations.”