50 Cent claims he was hacked, and that thieves used his platform in a cryptocurrency pump-and-dump scheme, making off with $300 million.
“My Twitter and Thisis50.com were hacked,” the 48-year-old rapper said. he wrote on Instagram late Friday..
“I have nothing to do with this cryptocurrency. Twitter quickly re-locked my account. Whoever did this made $300 million in 30 minutes,” he claimed.
The Instagram post included a screenshot of the “$GUNIT” meme coin, whose market value began at less than $1 million and quickly skyrocketed.
As of Saturday morning, 50 Cent’s X account still appears to be locked.
A website named after him was also shut down.
50 Cent (whose real name is Curtis James Jackson III) was forced to testify in his 2018 bankruptcy filing that he never owned Bitcoin and had no assets related to it. The Blast reported at the time.
The clarification came after TMZ claimed the “Get Rich or Die Tryin'” musician banked 700 bitcoins, netting him between $7 million and $8 million.
50 Cent accepted some early Bitcoin payments but said he never made a profit from them.
