Rapper T.I. is just as upset as everyone else who was allegedly screwed by a crypto company ... claiming not only is he not involved, he never even received a dollar from the company.
T.I.'s lawyer, Albert A. Chapar Jr. tells The Blast, "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 continues, "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."
We broke the story, the rapper and a man named Ryan Felton were for $5 million over a cryptocurrency called FLiK Tokens.
Our sources say T.I. only had minimal interactions early on with the company about possibly being an investor. We're told those talks were short-lived and fell apart almost immediately.
T.I. says that the company kept using his name illegally, and even put his photo on their website, all without proper permission.
We are told T.I. is weighing his legal options because he feels is as much a victim as those who invested.