50 Cent claims he filed for bankruptcy as he 'needs protection' from 'bullseye' on his back
50 Cent has spoken out about filing for bankruptcy, admitting that he did it as he 'needs protection'.
Speaking on Conan, the rapper claimed that he has a 'bullseye' on his back because of his celebrity status, which helps to attract lawsuits.
While promoting his new film Southpaw on Wednesday, he told the host: "Yeah, I need protection."
He added: "You get a bullseye painted on your back when you’re successful, and it’s public, you become the ideal person for lawsuits."
<blockquote class="instagram-media" data-instgrm-version="4"><div><div><div /></div><a rel="nofollow" href="https://instagram.com/p/5GoNBYsLyB/" target="_blank" class="body-link" data-vars-item-name="BL-2426-https://instagram.com/p/5GoNBYsLyB/" data-vars-event-id="c23">Times are hard out here LMAO #EFFENVODKA #FRIGO #SMSAUDIO</a>A photo posted by 50 Cent (@50cent) on <time datetime="2015-07-14T04:43:14+00:00">Jul 13, 2015 at 9:43pm PDT</time></div>
He told Conan: "Times are hard out here, for real. That picture was actually taken by Jake Gyllenhaal. Total empty parking lot, so he took the picture."
The hip-hop star announced that he was filing for bankruptcy earlier this week, just days after being ordered to pay $5 million in a law suit.
He filed papers at the US Bankruptcy Court in Hartford, Connecticut, on Monday, with reported assets and debts in the range of $10 million to $50 million.
It came after a jury ordered the star to pay $5 million to Lastonia Leviston, whose sex tape he allegedly 'leaked' and posted online without her permission to embarrass his rap rival Rick Ross.
