lewinskysdress

4y

a bunch of experienced people taking advantage of people from the streets with no business acumen

fakerickhoodie

4y

federal = federal

state = state

CRACKASTEPPAVEGAN

4y

I'm too stupid to understand
all this, but damn, sounds like young thug was dealt a bad hand

Culture

4y

Thug is not the face of YSL SMM bloods lol

The wiretap insinuates that others ordered something to happen to YFN from prison

Thug is the face of the label

krishna bound

4y

· edited

@lnstinct

(edit: just to note i left some stuff out below, so there's a bit more i found where i draw the conclusion from but because of the embed limit i didn't want to go overboard and do multiple posts)

looks it is a real entity but it's more complicated. here's my forensic a***ysis below:

firstly, i looked in the US copyright database and there's only 3 copyrights, which is weird because they're all from this year, and two are from the same song

i searched the LLC though and found it is real though

however when searching it up, i found there's two companies, one of which is for publishing and the other which is the above

this one through the copyright database does show more, so yeah the implication is it is real

however, now one thing which is interesting is as you'll notice both of these are registered to the same address in LA. searching this shows up with a generic address, probably a virtual office:

going to the georgia corporation divison, we can get more info based on the trademark, which shows the business separation (which is usual within the industry); however you'll see they are all registered again to the same place and to the same agent, which is a generic registration service

a few interesting things here. firstly, there are documents signed by Thug:

however they're only signed by him with the label of "manager"; not a typical designation used for owners (typically you'd use "president" for example had it been a corp). numerous other documents have other names attached to them. for example, this one:

does amina diop sounds familiar?

that's because it's his manager from 300 entertainment. so someone from 300 entertainment has authorized signing rights over the company, and is labeled as "organizer" for the corporation, while thug himself is only labeled as "manager" - implying that 300 were the actual original organizers of the company's registration, not thug himself

this is an actual important distinction because it's all registered as LLCs; the difference between a LLC & a corp is that for LLCs, ownership is derived from individuals, not derived from shareholders. but there's actually more improtant stuff here - notice how specifically thug is named "Manager".

this is an important distinction for an LLC - it's not just textual.

Manager within a LLC is related to a outside manager

if he was the owner, he'd be labeled "Managing Member" (https://smallbusiness.chron.com/llc-manager-60581.html)

i will note that the ownership on documents is purposefully obscured - everything has gone through agents and outsourced managerial companies - but we can draw conclusions based on the labels of those signing the doucments and their company designations

tl;dr thug got scammed and thinks he owns YSL but he has a glorified authorized signer designation and the ability to pay himself, in reality the company/ies is/are owned by 300 ent entirely

Silas

4y

The prosecutor will try to make a case that its just a front.

In the indictment, they claim that YSL is a criminal organization with Thug as the founder.

Based on how Thug moves and the actions of associates of YSL, they have a good case.

They've been sitting back and building this case for years.

Apparently the only reason why they intervened now is because s*** was getting too real in the streets.

KingSlime Snippets

4y

F*** this s*** man.........

krishna bound

4y

· edited

@lnstinct

(edit: just to note i left some stuff out below, so there's a bit more i found where i draw the conclusion from but because of the embed limit i didn't want to go overboard and do multiple posts)

looks it is a real entity but it's more complicated. here's my forensic a***ysis below:

firstly, i looked in the US copyright database and there's only 3 copyrights, which is weird because they're all from this year, and two are from the same song

i searched the LLC though and found it is real though

however when searching it up, i found there's two companies, one of which is for publishing and the other which is the above

this one through the copyright database does show more, so yeah the implication is it is real

however, now one thing which is interesting is as you'll notice both of these are registered to the same address in LA. searching this shows up with a generic address, probably a virtual office:

going to the georgia corporation divison, we can get more info based on the trademark, which shows the business separation (which is usual within the industry); however you'll see they are all registered again to the same place and to the same agent, which is a generic registration service

a few interesting things here. firstly, there are documents signed by Thug:

however they're only signed by him with the label of "manager"; not a typical designation used for owners (typically you'd use "president" for example had it been a corp). numerous other documents have other names attached to them. for example, this one:

does amina diop sounds familiar?

that's because it's his manager from 300 entertainment. so someone from 300 entertainment has authorized signing rights over the company, and is labeled as "organizer" for the corporation, while thug himself is only labeled as "manager" - implying that 300 were the actual original organizers of the company's registration, not thug himself

this is an actual important distinction because it's all registered as LLCs; the difference between a LLC & a corp is that for LLCs, ownership is derived from individuals, not derived from shareholders. but there's actually more improtant stuff here - notice how specifically thug is named "Manager".

this is an important distinction for an LLC - it's not just textual.

Manager within a LLC is related to a outside manager

if he was the owner, he'd be labeled "Managing Member" (https://smallbusiness.chron.com/llc-manager-60581.html)

i will note that the ownership on documents is purposefully obscured - everything has gone through agents and outsourced managerial companies - but we can draw conclusions based on the labels of those signing the doucments and their company designations

tl;dr thug got scammed and thinks he owns YSL but he has a glorified authorized signer designation and the ability to pay himself, in reality the company/ies is/are owned by 300 ent entirely

fakerickhoodie

4y

ok now a***yze some b****es

spongebob

4y

Not much reason to a***yze u

WRT809

4y

What about the victims family members ? Up to 50 bodies , you don’t think thug had a say on 1-50 of those ppl dying ? How much family members suffered or cried because of what YSL did. Stop being fake and understand there’s consequences to your actions, it’s f***ed up that his kids won’t have their dad for a while but you have to look at it from both perspectives.

CRACKASTEPPAVEGAN

4y

This s*** the Atlanta Sopranos

krishna bound

4y

· edited

@lnstinct

(edit: just to note i left some stuff out below, so there's a bit more i found where i draw the conclusion from but because of the embed limit i didn't want to go overboard and do multiple posts)

looks it is a real entity but it's more complicated. here's my forensic a***ysis below:

firstly, i looked in the US copyright database and there's only 3 copyrights, which is weird because they're all from this year, and two are from the same song

i searched the LLC though and found it is real though

however when searching it up, i found there's two companies, one of which is for publishing and the other which is the above

this one through the copyright database does show more, so yeah the implication is it is real

however, now one thing which is interesting is as you'll notice both of these are registered to the same address in LA. searching this shows up with a generic address, probably a virtual office:

going to the georgia corporation divison, we can get more info based on the trademark, which shows the business separation (which is usual within the industry); however you'll see they are all registered again to the same place and to the same agent, which is a generic registration service

a few interesting things here. firstly, there are documents signed by Thug:

however they're only signed by him with the label of "manager"; not a typical designation used for owners (typically you'd use "president" for example had it been a corp). numerous other documents have other names attached to them. for example, this one:

does amina diop sounds familiar?

that's because it's his manager from 300 entertainment. so someone from 300 entertainment has authorized signing rights over the company, and is labeled as "organizer" for the corporation, while thug himself is only labeled as "manager" - implying that 300 were the actual original organizers of the company's registration, not thug himself

this is an actual important distinction because it's all registered as LLCs; the difference between a LLC & a corp is that for LLCs, ownership is derived from individuals, not derived from shareholders. but there's actually more improtant stuff here - notice how specifically thug is named "Manager".

this is an important distinction for an LLC - it's not just textual.

Manager within a LLC is related to a outside manager

if he was the owner, he'd be labeled "Managing Member" (https://smallbusiness.chron.com/llc-manager-60581.html)

i will note that the ownership on documents is purposefully obscured - everything has gone through agents and outsourced managerial companies - but we can draw conclusions based on the labels of those signing the doucments and their company designations

tl;dr thug got scammed and thinks he owns YSL but he has a glorified authorized signer designation and the ability to pay himself, in reality the company/ies is/are owned by 300 ent entirely

krishna bound

4y

· edited

@lnstinct

(edit: just to note i left some stuff out below, so there's a bit more i found where i draw the conclusion from but because of the embed limit i didn't want to go overboard and do multiple posts)

looks it is a real entity but it's more complicated. here's my forensic a***ysis below:

firstly, i looked in the US copyright database and there's only 3 copyrights, which is weird because they're all from this year, and two are from the same song

i searched the LLC though and found it is real though

however when searching it up, i found there's two companies, one of which is for publishing and the other which is the above

this one through the copyright database does show more, so yeah the implication is it is real

however, now one thing which is interesting is as you'll notice both of these are registered to the same address in LA. searching this shows up with a generic address, probably a virtual office:

going to the georgia corporation divison, we can get more info based on the trademark, which shows the business separation (which is usual within the industry); however you'll see they are all registered again to the same place and to the same agent, which is a generic registration service

a few interesting things here. firstly, there are documents signed by Thug:

however they're only signed by him with the label of "manager"; not a typical designation used for owners (typically you'd use "president" for example had it been a corp). numerous other documents have other names attached to them. for example, this one:

does amina diop sounds familiar?

that's because it's his manager from 300 entertainment. so someone from 300 entertainment has authorized signing rights over the company, and is labeled as "organizer" for the corporation, while thug himself is only labeled as "manager" - implying that 300 were the actual original organizers of the company's registration, not thug himself

this is an actual important distinction because it's all registered as LLCs; the difference between a LLC & a corp is that for LLCs, ownership is derived from individuals, not derived from shareholders. but there's actually more improtant stuff here - notice how specifically thug is named "Manager".

this is an important distinction for an LLC - it's not just textual.

Manager within a LLC is related to a outside manager

if he was the owner, he'd be labeled "Managing Member" (https://smallbusiness.chron.com/llc-manager-60581.html)

i will note that the ownership on documents is purposefully obscured - everything has gone through agents and outsourced managerial companies - but we can draw conclusions based on the labels of those signing the doucments and their company designations

tl;dr thug got scammed and thinks he owns YSL but he has a glorified authorized signer designation and the ability to pay himself, in reality the company/ies is/are owned by 300 ent entirely

gabapentin

4y

i think your larger point about there being exploitative label shenanigans is true but all i think the sentence in the indictment means is that "Young Slime Life" (the "gang"/enterprise that is the alleged "gang") is not a legal entity, and not saying anything about the legal status of "YSL Records" with that line

as someone else in this thread has noted, "YSL Records" was founded in 2016 (I remember it well tbh)

in the indictment, they claim Young Slime Life has existed since late 2012, and this "criminal street gang" which is intimately connected to but not the same thing as "YSL Records" is what they are referring to

and indeed for instance they quote Young Thug rapping "YSL won't fold, pick his ass off from the balcony" on Eww (in 2014)

and have screenshots of dudes posting pictures with YSL pendants and tattoos on IG from 2014

so something called YSL must predate YSL Records, and the state is claiming this thing called YSL is "an enterprise consisting of a group of individuals associated in fact although not a legal entity"

(I don’t bring this up just to be a pedant to you but also to eludicate that the focus of the prosecution is not on YSL Records as such but this alleged “Young Slime Life” criminal enterprise started in late 2012)

BIG BOSS KINO

4y

Who tryna put money on Thug books so he got his daily Flaming Hot Cheetoh regimen

http://justice.fultoncountyga.gov/PAJailManager/JailingDetail.aspx?JailingID=1444257

krishna bound

4y

yeah you're right, they're definitely referring to YSL not in terms of the business operation but in terms of the income connected to racketeering/fraud/drug sales chagres - esp since d*** sales need to reported to the IRS (which is hilarious), they're gonna say the income from that was fraudulent and then add a tax evasion/fraud charge; this is what they always do with "criminal enterprises".

however i still think it's insane separately from the perspective of how regardless record labels:
A) profited off of all of this happening regardless, will continue to, and won't get any form of punishment despite a clear correlation. It's like how with Lil Peep's death, the label was actually supplying his addiction w/ his tour manager getting d**** for him. These people are never truly disconnected despite what they claim

B) the absolute insanity of the structure of the industry and the crazy amount of not only exploitation of artists but also just the sheer level of the industry operating as a pyramid scheme this exact same thing is like what got laws passed to break up film companies in the mid-1900s but music labels get a free pass

krishna bound

4y

nah i gotcha it's complicated. basically in the US there's two different company types LLC & Corporation. Corporation ownership works by stock ownership (think like buying/selling stock on the stock market), whereas LLCs are just based on what individuals organized it. for LLCs, you can designate a "manager" as an authorized person for signing legal documents w/o them having any ownership of the company. so the company was structured in a way where thug could sign for it in a legal capacity (i.e. on legal forms like a tax return), but not actually own the company itself