Let the jokes begin...now!

Rapper 50 Cent, aka Curtis Jackson, has filed for Chapter 11 bankruptcy after losing a sex tape lawsuit.

The rapper, best known for his 2003 hit "In Da Club", was ordered to pay $5 million to a woman who was featured in a video acquired by 50 Cent which also includes her boyfriend along with commentary by 50, who posted it online without her permission.

50 Cent will be seen in the upcoming boxing movie "Southpaw".

Source: CBSNews.com

More From K945, The Hit Music Channel