Adidas DID Freeze $75M of Kanye’s Yeezy Brand Money

Lyndon Abioye |

Months after Kanye West claimed that Adidas had frozen millions of dollars of her money, it has been revealed that the company secretly filed a legal action last year in federal court that froze $75 million of his coins.

The newly released court docs show that the brand still wants to keep the rapper from his money. Adidas filed the motion to allow them time to come to an agreement in private arbitration.

“The reason why I’m announcing that I’m running for president is I want the FCC to look at my money,” Ye said. “If they actually see, I was looking at my money, and there might have been a possibility that Adidas wouldn’t have went into JP Morgan and froze my account and put a $75 million hold on four different accounts.”

He added: “I went from being a multi-billionaire to not even being able to use my Apple Pay four nights ago. I couldn’t use my Apple Pay because someone how Adidas was able to legally go in and freeze my money, and when I see this, I think, well, if this could happen to me, this could happen to other Americans, and for what? You know this can happen to an American that didn’t even steal anything, that didn’t even hurt anyone. This could just happen to you for saying the wrong idea out loud.”

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