by Will Butler Contributor | Photos by Wenn

Tags: 50 Cent 

50 Cent files for bankruptcy after sex tape lawsuit

It hasn't been a good day for Fiddy

 

50 Cent files for bankruptcy Photo: Wenn
After a $5 million dollar settlement for damages, 50 Cent has had to file for bankruptcy for circulating a sex tape of Rick Ross' ex-girlfriend.

Real name Curtis Jackson III has been ordered to pay £3.2 million to Lastonia Leviston for circulating and editing a homemade sex tape featuring her.

The rapper reported assets and debts in the range of $10 million to $50 million in the court papers, which can view here.

Fiddy's legal team released a statement saying they were "disappointed in the verdict but very appreciate of the service of the jury and the court". The $5 million order was for leaking the video editing himself in narrating it as a wig-clad character called 'Pimpin' Curly'.

Listen to the the now-ironic 50 Cent song 'I Get Money' below

50 Cent previously topped or was in the top 5 of the 'wealthiest rappers' lists and back in December 2014 signed a $78 million deal with the underwear brand Frigo RevolutionWear. It's not much help now.

Read Gigwise's interview with the rapper back in 2014 here

Below: The five wealthiest hip hop artists of 2014

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