Fyre Festival Settlement: Migos Agree To Pay $30,000

Fyre Festival Settlement: Migos Agree To Pay $30,000

Fyre Festival Settlement: Migos Agree To Pay $30,000!

The ill-fated Fyre Festival is making headlines once again, but this time Migos has agreed to pay $30K. Read on from more about Migos paying a settlement to Fyre Festival

CelebNMusic247.com reports via AHH who dropped the tea first about Migos agreeing to pay the total sum of $30,000 in a settlement payment.

Here is what we have learns from AHH:

Migos were among the many musical acts that were promoted as performers for the ill-fated Fyre Festival. The Atlanta trio was reportedly paid $100,000 upfront for the 2017 gig, but the event never took place because of the organizers’ fraud and mismanagement.

Though, Migos were involved in a legal battle as a result of the concert being canceled at the last minute. Quavo, Offset, and Takeoff apparently reached a deal in the Fyre Festival bankruptcy.

Anyhow, the “Give No Fxk” rappers reportedly agreed to pay the total sum of $30,000 in a settlement payment.

Now, a judge signed off on the agreement which means all claims against Migos have been dismissed.

If you recall, in 2018, Fyre Festival founder Billy McFarland pleaded guilty to wire fraud. He is currently serving a six-year sentence in federal prison. McFarland and fellow Fyre co-founder Ja Rule were named as defendants in numerous civil lawsuits.

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Ocho

Omar, 34, hails from Los Angeles. He is a graduate of the University of Northridge. Omar has been in entertainment for 12 years working in production and writing. Omar who goes by Ocho and keeps you in the know about hip hop, Movies, Reality TV and Sports.