The IRS put a hold on four of West's accounts according to the rapper.
He said he owes a lot of money in taxes.
The one-time billionaire is now thought to be worth around $400 million.
The Internal Revenue Service has placed a hold on Ye's accounts.
Ye talked about his financial situation on a Monday night episode of the right-wing "Timcast IRL" show, which also featured white nationalist Nick Fuentes and Milo Yiannopoulos. Ye said his finance people told him he would have to pay a lot of taxes.
The rapper said that he was about to be put in prison. They put a hold on four of my accounts after I found out.
You owe a lot of taxes. I took a long time to find out how much. Around $50 million was a lot, was it?
He said that he went to different CFOs in his businesses to find out if they were evading taxes.
I'm learning how to run a company now. Ye said that he gets to learn how to count his money. I did not know where to put the money.
Ye walked off of the show after Pool questioned an anti-Semitic comment he made on the show. Ye said in November that he was going to run for president again. He didn't file the paperwork to do it.
The rapper said that God is breaking him down by moving his wealth, but that his children will be fine because of their mother's wealth.
He went on several anti-Semitic rants in October and has been a source of controversy ever since. His estimated net worth has been reduced by $400 million as a result of brands cutting ties with him.
Ye said Adidas was suing him for $275 million of his net worth. Ye's claims were not commented upon by Adidas.
The IRS did not reply immediately.
Business Insider has an article on it.
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