Rapper 50 Cent Files for Bankruptcy

Rapper 50 Cent, Curtis Jackson, filed for Chapter 11 bankruptcy protection on July 11, 2015 the same day he was to appear in court for a suit claiming Jackson posted a 2010 explicit internet video of Lastonia Levitson. Jurors said Jackson should pay $5 million in punitive damages to Levitson for posting the video. Mr. Jackson's assets are estimated between $10 million and $50 million.

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