50 Cent Just Posted Another Money Photo Despite His Bankruptcy Hearing
50 Cent may have filed for bankruptcy last summer, but that’s not stopping him from posting about money on social media or taking photos with piles of cash.
On Monday, the rapper posted to his Twitter a photo of himself when younger, writing, “I ran threw [sic] all the money I made hustling before my music took off. You have to love music to get a shot, and She may not love you back. 50cent.”
Interestingly, the latest post was cross-published on a site called Tsu, which calls itself “a free social network and payment platform that shares up to 90% of revenues with its users.”
50 Cent added the hashtag #EFFENVODKA to the latest post.
The only problem: His posts may be getting him in trouble with the law, as Fortune previously reported. The rapper, whose name is Curtis James Jackson III, has been summoned to a bankruptcy court in Connecticut in order to explain the reason for the photos, according to the Wall Street Journal. A date has not yet been set, according to the newspaper.
Judge Ann Nevins said to 50 Cent’s lawyer that the photos, which have been posted to Instagram, have raised questions about whether or not he’s actually bankrupt.
“I’m concerned about allegations of nondisclosure and a lack of transparency in the case,” Judge Nevins said at a Thursday hearing, according to the publication. “There’s a purpose of having a bankruptcy process be transparent, and part of that purpose is to inspire confidence in the process.”
“By including pictures from [Mr. Jackson’s] social media accounts and implying that [he] is hiding assets … the [three creditors] intentionally ignore that [Mr. Jackson] is in the entertainment and promotion business and must maintain his brand and image,” according to his lawyers in documents obtained by the Journal and which were filed to the bankruptcy court.
Jackson filed for chapter 11 bankruptcy on July 13 after he lost a $7 million sex-tape dispute to Lastonia Leviston, who reportedly brought the Instagram photos to the judge’s attention. He is said to owe $30 million total to other creditors as well, including Leviston.