T.I.’s lawyer responds to the cryptocurrency lawsuit filed last week against his client.
T.I. didn’t receive any money from FLiK Tokens, The Blast reports. Tip’s lawyer, Albert A. Chapar Jr. told the publication that his client didn’t receive any money from the cryptocurrency business, nor did he have any ownership in the company.
“Tip is truly disheartened by the lawsuit. Tip did not receive a single dollar from Felton or any of the money alleged to have been invested by the Plantiffs, nor did he have any ownership of the company,” he said.
He added, “Felton has made multiple misrepresentations as well as unauthorized statements about Tip’s involvement. The terribly unfortunate truth is that Felton misused and took advantage of Tip’s name and likeness, thereby victimizing both the investors and Tip.”
T.I. reportedly only had a small number of interactions with the business earlier on. Sources close to the situation said he spoke about the possibility about becoming an investor for FLiK Tokens, but those plans fell through immediately.
Tip also claims that the company is using his name illegally. He’s currently looking into his legal options for the scenario.
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