50 Cent spent the week in bankruptcy court, and the experience has left him jaded.
During the proceedings, US trustees suggested Fif was hiding assets and criticized him for posting cash on Instagram when he was in bankruptcy. Their skepticism puts in jeopardy a deal he struck with his creditors, including Rick Ross's Baby Mama and his former headphone partners, to pay back most of the $31 million he owes them.
Last night, 50 took to Instagram to complain about how the legal system is unfair to rich people and to rappers. He seems to be referring to both his legal losses before declaring bankruptcy, and to how he's been treated by the bankruptcy court.
Then, in post this morning, he says he is quitting Instagram, and somebody else will be handling his account.
When a judge reads a prepared statement to start proceedings to state they treat everyone the same in court. You should be concerned, I already new I would be treated differently. They know the difference between chapter 11 and chapter 7 they just never saw anyone from HipHop culture use it. #EFFENVODKA #FRIGO #thisimageiscourtapporved
I have millions of dollar in my company's, the court knows this. I was accused of committing fraud with nothing but a IG photo. I can careless what these people think of me but it's not right. Now someone from secret service is asking if prop money was counter fitted. How the fuck would I know that shit head? Smh #EFFENVODKA #FRIGO #thisimageiscourtapporved A photo posted by 50 Cent (@50cent) on
Is 50 leaving Instagram for the best?
Update: Try as he might, Fif can't quit.