Los Angeles: Rapper 50 Cent reportedly cannot draw any money from his bank account after it was frozen. The 39-year-old rapper had his personal account frozen because he failed to pay USD 17.2 million in judgment to Sleek Audio after he lost a lawsuit against the company earlier this year.
A source additionally said the rap mogul still had access to his business accounts, reported TMZ.
Headphone company Sleek Audio previously claimed the rapper stole their design and promoted it with SMS Audio. A judge then decided that Cent should pay the company for the damages as well as the legal fees.
An attorney for 50 Cent has responded to the story that the account was frozen. The attorney said that they were filing an appeal against Sleek Audio.
The attorney also commented that the manufacturer was "desperately attempting" to get money from his client. The rapper's legal team also gave confirmation that his assets were "appropriately protected".