According to court documents obtained by Radar, the music mogul has requested additional time from the trustee presiding over Buck's ongoing bankruptcy.
50's lawyers say they are currently investigating the matter and need additional time to determine the best plan of attack. The court is giving 50 until October to decide whether or not to bring a suit.
The crux of the case is the $250,000 the Power actor loaned to Buck. 50 says Buck entered into a recording contract with G-Unit in 2014. He says prior to the recording contract being executed, 50 paid Buck a total of $250,000."
50's team is currently investigating the type of lawsuit they want to bring due to Buck's "repeated violation" of his record deal. Back in 2019, 50 publicly accused Buck of owing him $300,000. He did not take kindle to Buck denying he owed money in the media.
After his release from jail in 2020, Buck said during an interview about 50 "Homie claimed that I had owed him and shit, all of that bullshit. I know I don't owe ni--a but even me at a point of time, Paul, I got to the place where I was like, you know what, I just want to get the work, fuck it, I'll pay him. So I even got to a point where I even tried to pay the ni--a."
50 responded, "I gave this fool the money man, he spent it. I paid his taxes all his legal fees. then he got caught with a tranny, and said fu-k you 50. NO FU-K YOU,PUNK A-S NI--A. Man, I gave the ni--a the money. I gave the ni--a millions."
The money dispute is still being fought in Buck's bankruptcy. As Radar previously reported, the troubled rapper is currently dealing with a Chapter 13 bankruptcy. He filed the case back in 2020 and the court has been trying to pay back his creditors. The majority of the debt listed was from back child support.
At the moment, 50 Cent is trying to collect all the money he is owed. He is also going after Love & Hip Hop star Teairra Mari over $35,000 she owes him from a separate lawsuit.