Rapper 50 Cent Files for Bankruptcy After Sex-Tape Lawsuit

Rapper 50 Cent (AP Photo)
Rapper 50 Cent (AP Photo)
Rapper 50 Cent (AP Photo)

 

(Bloomberg) – The Grammy-winning rapper known as 50 Cent filed for bankruptcy in Connecticut after losing a lawsuit in a New York court over a 2008 sex tape.

Curtis James Jackson III, whose 2003 debut album “Get Rich or Die Tryin’” was made into an autobiographical film, listed assets and debt of less than $50 million each in a court filing Monday in Hartford.

His personal bankruptcy follows a series of legal maneuvers that one federal judge called efforts to avoid trial in a five-year-old lawsuit involving the online posting of a sex tape.

Lastonia Leviston sued Jackson in 2010 in New York state court, accusing him of posting the sexually explicit videotape and seeking payment for the unauthorized use of her image and damages for emotional distress.

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