It appears as though the ongoing saga with 50 Cent and the questions surrounding his bankruptcy may be coming to an end. On Wednesday March 9, Fif appeared in court to finalize a deal with his creditors, one of whom is Lastonia Leviston, who sued the rapper after he posted a sex tape of her online during his feud with Rick Ross, Leviston’s ex.
In total, 50 owes $28 million but yesterday agreed to pay 74 percent of what is owed. Leviston, who was awarded $7 million in her lawsuit last year, would earn $6 million if this proposal is approved by Judge Ann Nevins. While in court, 50’s credibility was one of the main points of contention due to several photos on Instagram showing the Queens, NY rapper with bundles of cash. This after filing for bankruptcy in July 2015. Nevins shared, “You came to this court for help, you asked for a second chance.”
U.S. Bankruptcy Trustee for Connecticut Holley Claiborn clarified that the rapper’s Instagram posts are not the issue, rather it is his persona in the public that is giving them issues.
We don’t take issue with those postings. It has a lot to do with the perceptions of the public. The concern is that he’s sent a message that the process is not serious, that you can mock it and do whatever you like.
Immediately after appearing in court yesterday, 50 Cent posted a photo on Instagram with cash stuffed in his pants, later posting a photo with a caption that read “I would never disrespect the court system,” only to delete it. He followed that up with a flick of some dirty Jordan kicks with the caption, “My guess is this image is court approved.”
