An NFT platform is being held accountable for using the name and likeness of Lil Yachty.
Apr 12, 2023
Another round of today’s public figures has been hit with a cryptocurrency lawsuit.
Mar 23, 2023
Lil Yachty has gone from foodie to stepping into the industry. The Grammy-nominated rapper has launched Yachty’s Pizzeria, his own frozen pizza line, according to a press release shared with AfroTech. Lil Yachty’s first-ever frozen pizza line is exclusively sold in Walmart stores nationwide. View this post on Instagram A post shared by C.V T (@lilyachty)
Sep 7, 2022
In the latest alleged cryptocurrency schemes, rappers Soulja Boy and Lil Yachty, along with boxer Jake Paul, are facing a lawsuit over their supposed involvement in a “pump and dump” ordeal. The whole ordeal is said to be beneficial to SafeMoon founder and CEO Braden John Karony, according to Complex. While Karony was named, the suit says that other top-level executives are said to have also benefited from the scheme.
Feb 22, 2022
Non-fungible token (NFT) releases are on a consistent hot streak, but Lil Yachty has developed a legal feud with one in particular. On Jan. 27, the rapper filed a trademark infringement lawsuit against Opulous, an artist-focused NFT platform, according to Rolling Stone. Lil Yachty claims that the company “maliciously” used his name and likeness to make a hefty profit.
Jan 28, 2022
Lil Yachty and Terrell Owens are back to investing, and this time around they’re getting in on the $1.5 trillion wellness industry that’s booming with innovation. A press release reports that PlantFuel® — the scientifically focused plant-based wellness company — announced that both Yachty and Owens have made strategic investments in the emerging sports nutrition brand debuting on the market this month. With support from these two Hip-Hop and sports figures, respectively, the brand aims to breakthrough into the nutritional retail space. “I’m super excited about my new venture with PlantFuel,” Yachty shared in a statement. “It’s brands like PlantFuel that inspire and allow me to stay actively involved creatively beyond just investing.” The new investment in PlantFuel marks Yachty’s second deal ever with his recently-launched venture capital (VC) fund, Scoop Investments. Prior to this news, AfroTech reported that the rapper previously invested in Jewish dating app Lox Club, alongside...
Sep 1, 2021
Lox Club, a Jewish-centered dating app billing itself as an app for people with “ridiculously high standards,” has two new investors that are, perhaps, surprising. According to Variety, rapper Lil Yachty and former Dr. Phil breakout star Bhad Bhabie (real name: Danielle Bregoli) have teamed up with Scoop Investments to invest in the app. Scoop Investments is an investment fund run by Adam Kluger, who represents both Lil Yachty and Bhad Bhabie. Founded in late 2020 by Austin Kevitch, Alec Lorraine, and Will Neild, The Lox Club app says that though it’s centered around Jewish people, it’s not exclusively for Jewish people’s use. “Lox Club values authentic, well-rounded people with ambitious dreams and careers, who can make you both think and laugh, regardless of their Instagram following,” the company said in its announcement, according to Variety. “Lox Club is like a deli; it’s culturally Jewish, but you don’t have to be Jewish to enjoy it. The community is curated via an application...
Jun 7, 2021
Lil Yachty is about to have all of our manis and pedis looking right! According to REVOLT, the Quality Control rapper is set to launch Crete a gender-neutral nail polish line designed for both men and women. “I’d like to introduce my new nail paint line @crete_co,” said Lil Yachty in an Instagram post. “FIRST COLOR DROP MAY 21. 4 ALL GENDERS. FOR YOU, NOT THEM! Through Crete, the rapper hopes to inspire people of all genders to express themselves freely! View this post on Instagram A post shared by ^CONCRETE BOY BOAT^ ?? (@lilyachty) Nail polish has always been a way for the rapper to express himself and he has been seen rocking an assortment of nail polish colors and nail art designs so it was a no-brainer for him to develop his own line. This announcement comes just a year after his public support of 17-year-old Trevor Wilkinson who was punished with in-school suspension at Clyde High School in West Texas for wearing nail polish in school last November. Wilkinson said in a...
May 6, 2021
Rapper Lil Yachty is making a splash in the cryptocurrency world with his own personal venture. This week, the Grammy-nominated artist became the latest celebrity to try his hand at the $509.5 billion-valued global crypto market with the launch of his very own self-named currency, the “YachtyCoin,” Forbes reports . According to Complex, the newly-introduced currency will act as a “social token” in his name, popularity, and influence that will be offered up as leverage to purchase his work through the coin. Lil Yachty’s Ethereum-based token will reportedly debut on Fyooz — a “fully compliant, Swiss regulated, global platform where celebrities and influencers can issue their own cryptocurrency via the process of tokenization on the blockchain,” according to a statement from Fyooz. https://twitter.com/fyooz_io/status/1333888278135795717?s=20 The global pandemic has placed a huge strain on the music industry this year. Social distancing rules has forced it to pivot to creative tactics...
Dec 2, 2020