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Breaking: Jay-Z's Roc-A-Fella Is Coming For Dame Dash !
Roc-A-Fella is knocking Damon Dash's hustle ... the record company is suing one of its own founders in a first-of-its-kind lawsuit, claiming Dash is trying to auction off one of Jay-Z's debut albums as an NFT.
The record company is going after Damon for allegedly trying to mint "Reasonable Doubt" as a non-fungible token (known as an NFT) and auction it off to the highest bidder ... a piece of hip-hop history RAF says is not Dame's to sell, because the company owns it.
According to the docs -- filed by powerhouse attorney Alex Spiro -- Damon planned to sell the album as an NFT at a since-canceled auction, but the company is worried DD will just try to find another platform to hold the auction.
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Possession is nine tenths of the law. If it's not Dame's to sell...why does he have the recordings? I learned early on...whoever has your master recordings...owns them. The lawsuit may actually make it easier for Dame to sell as a hot commodity.