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Recently, Young Thug was hit with a new lawsuit by AEG over Thug selling his music catalog for $16 million when he still owes the company money.
AEG claims that Thug made a deal with Kobalt Music in 2021, which was in direct conflict with and violated their previous agreement.
The assets sold were used as collateral for the unpaid loan of $5.25 million that he owes to AEG, which gave the company exclusive rights to his live shows.
Story source: xxlmag.com