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Dame Dash and Roc-a-Fella records are embattled in a lawsuit over an NFT of Jay-Z's "Reasonable Doubt," but what exactly is going down? Details.

For virtually as long as Roc-a-Fella records has existed, Damon "Dame" Dash and Jay-Z were two of the largest names related to the hip-hop powerhouse. Although the label isn't churning out hit after hit anymore, its backlog of simple hits has almost assured its energy and presence within the trade for many years to come.

However, with so much power and affect has a tendency to come back some fight, and that is precisely what Dame and the label are dealing with presently. The label introduced a lawsuit against Dame for making an attempt to sell Jay-Z's "Reasonable Doubt" album as an NFT, but he is denying any wrongdoing. Here are the entire known main points of the legal case as it recently stands.

Dame Dash is completely denying any wrongdoing in Roc-a-Fella's lawsuit towards him.

According to a record to begin with revealed by TMZ, Dame allegedly claimed that he had the correct to promote Jay-Z's "Reasonable Doubt" album making an allowance for his main stake in Roc-a-Fella records. This is something that the label shot down, announcing his since-canceled public sale violates the terms of his business settlement and that they worry he would possibly attempt to do it once more.

In the days since the news of this to start with broke, the circumstances have modified, and now Dame is announcing that he wasn't making an attempt to just promote "Reasonable Doubt," but his entire one-third ownership stake within the label.

Jay-Z reportedly tried to buy out Dame's stake within the corporate back in March of 2021, but Dame shot the be offering down as he felt it was once too low for him. Now he is entertaining other out of doors provides, which he says will still be within the legalities of his authentic settlement with the label.

"Under the terms of the deal with a potential buyer, the buyer would buy my share of Roc-a-Fella Records and Jay-Z will have exclusive administration rights," he informed the publication.

Dame has but to provide a purchaser that competes with Jay-Z's offer.

What's Dame's net value? He has apparently misplaced all of his money.

Although Dame holds declare to one of the vital maximum successful business ventures within the history of hip-hop, he has additionally fallen victim to a couple of its similarly as famous monetary pitfalls. From being a millionaire to pleading with a judge over his incapability to pay kid reinforce in 2019, Dame has dealt along with his fair proportion of financial woes, and apparently that his try to promote the stocks he owns in Roc-a-Fella is out of an effort to spice up his web value.

According to Celebrity Net Worth, Dame is reportedly barely worth $10,000 in 2021, one thing that has been attributed not to most effective dangerous financial decisions but additionally the current salary garnishing that quite a lot of collectors have imposed on him.

Nonetheless, Dame has all the time had a hustler mentality and managed to dance back extra instances than one. Between tune, clothes, and even movie production, he has done all of it, so it is just a matter of time earlier than he unveils a new plan to recoup his financial losses.

Dame and Jay-Z have had quite a rocky dating during the last decade or so.

Despite beginning out as business companions and the most productive of friends, a lot of financial problems and inventive variations led Dame and Jay-Z to have one of the most well-known falling outs in modern hip-hop historical past. During a Hot 97 interview with DJ Big Boy, Dame unfolded concerning the rift between him and Jay and said that Beyoncé's husband actually did him dirty through the years.

"We have fundamental differences. I'm about making other people famous and rich and equal, that's what I wanted with Roc-a-Fella," he instructed the host. "And he wanted to be the boss and have people work for him for 25 years straight, which is what happened. I actually feel sorry for my fallen angels, because I've taught people to share. I make kings. I don't make slaves."

Some harsh phrases from Dame about his former good friend evidently. Stay tuned to see how this case is resolved for both events.

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