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Young Thug’s $365,000 Legal Battle with ATL Jeweler Dismissed


Young Thug can breathe a little easier as his $365,000 court battle with a ATL jeweler has been dismissed.

According to court documents obtained by The Blast, the famed Atlanta jewelry store named Icebox has dropped all claims against Thug. The judge signed off and officially closed the case.

Last year, the rapper was sued for $365,000 by the famed ATL jewelry store.

The store claimed to have lent $200,000 in jewelry to Thug with the promise he would pay later. The rapper visited the store four times and was given a $30,000 Rolex watch, $20,000 Cartier bracelet, $30,000 diamond wallet chain and a $6,5000 rose gold clasp. Icebox said Thug made payments of $95,000 but left an unpaid balance of $115,090.

Icebox claimed Thug had “intentionally induced Icebox to allow him to take merchandise” and refused to pay the remaining balance. They sued for the unpaid amount plus $250,000 in punitive damages.

 

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Thug fired back accusing the famed ATL jewelry store of fraud and demanded their $365k lawsuit be dismissed.

He accused the store of trying to screw him out of hundreds of thousands after attempting to be his friend.

The rapper denied the allegations in the lawsuit filed against him claiming he refuses to pay a $115,000 bill over jewelry. He said Icebox was the one who took advantage of him.

He claimed, “over the course of several months, and on multiple occasions, Plaintiff solicited Williams and urged him to accept expensive jewelry without requiring any payment up-front.”

Thug claimed this “predatory business practice involving assurances of a friendly and accommodating transaction with flexible terms to be worked out at a later date, followed by unilaterally set payment terms and deadlines, led to the instant lawsuit.”

He demanded the case be tossed.

 

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How many #Championship #Rings does @shaq have? 🧐💍👇 #HappyBirthday #Shaq

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Thug also recently sold off his Atlanta mansion for $1.8 million, taking a loss of $950,000. He was also hit with a tax lien by the Georgia Department of Revenue over an alleged $145k debt.


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Iyzklez is a medical personnel and a highly skilled Blogger. He actually took blogging seriously when he found out that he derived so much joy from it. This is the life he wanna live.

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