- Rumours that Lebo M scooped R37m from Bitcoin have been doing their rounds after a story on his bankruptcy was published
- Lebo has smashed the rumours and told people to watch what they believe
- He somewhat admitted to the bankruptcy allegations, but completely tossed the R37m from Bitcoin ones
Rumours spread like wild fire, often than not they are not true. A story of Lebo M making millions is all over social media and he has come out claiming it is not true.
The article is about Lebo being broke back in 2017 and has made millions trading on Bitcoin. It also claims that he exposed his winnings on a popular morning show, reported Times Live.
As the saying goes, if it sounds too good to be true, then it is!
Briefly.co.za learnt that the South African composer and producer of The Lion King, reacted quickly after seeing the allegations and called them fake.
Closing the down the stories on social media, Lebo labelled it as a warning, saying anything said about him winning money on Bitcoin is a fraud. He also stated that at no time did he ever announce any such nonsense on a breakfast show.
Lebo has requested that those who follow him need to come out and take action against those scammers.
Lebo M did, however state that the reports of him been bankrupt, back in 2017, is to a certain extent true! He went on to say that he filed for a US court chapter 11 order which is different to filing for bankruptcy.
The order protects him for a set amount of time against creditors. This will enable him time to get back on his feet and strategize his business management.
Lebo is staying positive and is ignoring all negative comments that are doing the rounds. He says he is not broke and is putting all his energy into his business and projects.
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