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One year later, inhe filed for Chapter 11 filing made by public companies every three months to report payments in the volatile digital currency for his fifth album.

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50 Cent Swears He's Not A Bitcoin Millionaire
At the time, he reportedly raked in around bitcoins in album sales for his fifth album, Animal Ambition, which launched in June Rapper 50 Cent filed documents clarifying that he doesn't own, "and have not owned, either a bitcoin account or any bitcoins.". In , he released the album Animal Ambition and became the first artist to accept Bitcoin as payment. The rapper received.

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Related Stories. One year later, in , he filed for Chapter 11 bankruptcy after some of his other big investments, including a bid to come out with his own line of headphones, went sour. Jackson, one of the first high profile musicians to accept bitcoin in exchange for music, confirmed his windfall on social media.