50 Cent Threatened? Mocks 'Dead Broke' Bankrupt Controversy On Instagram, Ignores Gang Drama

By Danica Bellini, Mstars Associate Editor | Jul 14, 2015 11:55 AM EDT

Get the Most Popular Mstars News

Rapper 50 Cent filed for bankruptcy earlier this week, but that doesn't mean that the G-Unit hypeman is "dead broke." He's just being cautious! But some Instagram fans are not amused with Fifty's legal antics.

During a recent E! News interview in promotion of his new upcoming movie "Southpaw," the infamous NYC emcee explains:

"I'm taking the precautions that any other good businessperson would take in this situation. You know when you're successful and stuff, you become a target. I don't wanna be a bullseye. I don't want anybody to pick me as the guy that they just come to with astronomical claims and go through all that."

The Street King Immortal superstar then continued:

"Walt Disney has filed bankruptcy. Donald Trump has filed bankruptcy. It means you're reorganizing your finances, but it does stop things from moving forward that you don't want moving forward. I gotta descent (sic) legal team. You don't have to worry."

Well, Fifty's words don't really reflect his actions on social media. Following this bankrupt shocker, the "Candy Shop" emcee shared this viral post:

50cent: "Times are hard out here LMAO #EFFENVODKA #FRIGO #SMSAUDIO."

Obviously he's still living an extravagant lifestyle, and some followers aren't amused with his cyber jokes:

vanesssaaaah:"n*gga think he slick."

youngflygetter: "Lol @50cent is a clown yo."

cmassiah92: "This guy is trolling so hard..."

Still, others consider him a pure genius:

scorpio_flame: "50cent/Jay-Z/Master P smartest Hustlers of our Generation."

__sway32: "Lmfao my n*gga too funny I respect it."

rickygunz: "that's how you know he's good lol."

So what side are MstarsNews readers on?

And in an official statement released to to USA Today, Fifty's attorney William A. Brewer III explains:

"This filing for personal bankruptcy protection permits Mr. Jackson to continue his involvement with various business interests and continue his work as an entertainer, while he pursues an orderly reorganization of his financial affairs." 

Meanwhile, in other controversial news surrounding the "Power" mastermind...

50 Cent Threatened, Bobby Shmurda & Sha Money XL Instagram Diss? GS9 Gang Warning [WATCH]

© 2024 Mstars News, All rights reserved. Do not reproduce without permission.

Get the Most Popular Mstars News

SHARE YOUR THOUGHTS

Follow Us Everywhere

Sign Up for Our Newsletter

Music Times Network is always looking for well-versed, enthusiastic contributors and interns.
Submit your application today!

DON'T MISS

LATEST STORIES

MUSIC VIDEOS

Real Time Analytics