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BITCOIN has made rapper 50 Cent a millionaire after he forgot about a stash of the crypto currency in 2014.
Bitcoin’s price has rocketed in recent months, reaching a high of $19,000 in December, and it has made 50 Cent an accidental millionaire. The rapper let fans buy his album Animal Ambition using bitcoin in 2014 when the cryptocurrency’s price hovered around $662. The rapper made 700 bitcoin from the sales and left the account unused for four years. But he recently discovered that his bitcoin stash was now worth between $7 million and $8.5 million, TMZ reports.The rapper confirmed the surprise discovery on social media, tweeting: “Not bad for a kid from South Side, I’m so proud of me.”He later added: “Ima keep it real, I forgot I did that s**t lol.”50 Cent had previously filed for bankruptcy in 2015 after a court ordered him to pay $5m in damages for posting someone else’s sex tape online.Bitcoin and the cryptocurrency mania which includes Ripple and ethereum has been met with scepticism by institutional investors, but that has not stopped the digital currency from rocketing in price the last few months.
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