Lil Wayne became the latest victim of hackers on Twitter earlier today (January 16th), when his account was compromised by an unknown individual.

As soon as the individual gained access to Wayne’s account, the rapper’s original name of “@liltunechi” was changed to “@LilChinetu” and a series of tweets started going out to Wayne’s 1,268,468 followers.

The first message questionable message went out to 50 Cent, but the hacker soon directed his insults to Atlanta rapper Soulja Boy.

“I sent a donations to your paypal, check it, I heard you got 13,000 sales lil homie, i feel bad for you! #DamnSoulja”

Soon, the hacker started slandering Lil Wayne himself.

“The real reason I made 6’7 is cuz that’s how tall the ni**a in rikers was that raped me,” the individual tweeted about Lil Wayne to the shock of his fans.

“I went an entire year with kissing baby #withdrawls,” the next message read.

Here are some more of the tweets sent out from Lil Wayne’s account:

@thegame you still owe me money for that My Life joint, how your family crip but you blood

@JOEYCRACKTS you fat ass n***a it on when i see you Why

@thegame mad his album never coming out while nicki is platinum

@grouchygreg asked me for a reach around over the amillie beat If

@KillaCham can hack @KanyeWest, how come

@drakkardnoircan’t hack @LilTunechi?? And @tyga mom still in the hood? wtf my n***a

Jay-Z seemingly had some slick sublimes for Wayne and Baby in his “H.A.M.” verse. And, before that Baby suggested that Wayne was hotter and had more money that Jay. AND I bet Drake is a lil mad at that video for the “Best I Ever Had” vid Kanye directed. (LOL).

Baton Rouge rap star Lil Boosie will appear in court today (January 12th) to face a hearing related to his involvement in a 2009 murder, for which he has been indicted.

Boosie was indicted for participating in the murder of Terry Boyd, who was 35-years-old at the time of his death in October of 2009.

According to prosecutors, Boyd was shot through a window while he was inside of his home.

In addition to Lil Boosie, three other accused accomplices’ will appear in court today, including Michael Louding, aka Marlo Mike, who is also facing murder charges in six other murders in 2009.

Additionally, Louding, 17, has been charged with killing local rapper Chris “Nussie” Jackson, who was embroiled in a dispute over rap, with Lil Boosie.

Both Lil Boosie and Marlo Mike face the death penalty if convicted of the murders.

G-Unit head honcho 50 Cent may be placed under investigation by the Security Exchange Commission (SEC) for encouraging over 3 million Twitter followers to invest money in a penny-stock company.

Details on the violations 50 may have allegedly encountered landed online Wednesday (January 12) morning.

Rapper 50 Cent may have momentarily gotten $8.7 million richer after encouraging his Twitter followers to invest in a money-losing penny stock, but now the hip hopper may be in big trouble with the Security Exchange Commission. “There are very strict guidelines as to what a person can do in terms of possibly manipulating the value of a stock,” financial expert and 60-Minute Money Workout author Ellie Kay tells FOX411. “I don’t think it would be a huge surprise to anyone if 50 Cent were investigated for what he did.” On the SEC’s web site, a list for common violations that could lead the government agency to conduct an investigation include “manipulating the market prices of securities.” (Fox News)
Another report claims the SEC thrives on the possibility of launching a high profile investigation.

Securities laws are complicated, but promoting a stock in which you have an interest is a potential violation of securities laws, said Andrew Stoltmann, a Chicago securities lawyer. Even if you’re saying something that you believe to be true, promoting shares without mentioning your personal interest in the company gets scrutinized under “pump and dump” rules. These rules are aimed at stopping insiders from saying: “Get in now” while they’re quietly getting out. “The SEC loves nothing more than making a high-profile example out of somebody who is violating the rules. We don’t need to look further than Martha Stewart to see that. If the department of Justice can get a clean shot at him, I’m sure they would love to take a swing,” said Stoltmann. “If [50 Cent] has a managerial role, interlocking business relationships, or if he’s on the board, the company could be dragged into a suit as well.” (Money Watch)

For his role in helping promote the stock, H&H Imports, 50 reportedly banked over $8 million last weekend. (Click Here For Story)

Flashback to 2001, Brooklyn’s Jay-Z and Queen’s Nas are embroiled in a legendary rap beef. Nas let off the shot heard round the world with “Ether”, but the battle between Hov and Nas was far from over. It got even more personal as Jigga would claim that he had slept with Nas’ baby’s mom.

They continued to beef well into 2002. By that time the boroughs had chosen sides, QB was firmly behind Nas just as BK was for Jigga.

Either assuming he would be ok in Queens, or just not giving a f*ck, Beanie Sigel and Young Chris of the Young Gunz decided to perform at a club in Queens.

In the eyes of some in the Queens crowd though, being that Beans and Chris were signed to Roc-A-Fella records at thne time, they were seen as the enemy.

As Beanie & Chris perform someone throws something at them, prompting Beanie to throw his mic into the crowd.

While not everything was caught on tape. There’s enough footage to show that both Beanie and Chris were lucky to get out of there alive that night.

Reportedly someone was shout outside of the venue and later died.

This UGLY ass Hot 97′s Dj Cipha  Sounds said on Friday on a Live Radio Broadcast: “The Reason I’m HIV Negative is Because I don’t Mess With Haitian Girls”

Farmington Police arrested two local men for breaking into 50 Cent’s multi-million dollar 52-room mansion.

After previously being owned by boxer Mike Tyson and having been showcased on “MTV Cribs,” 50 Cent’s Connecticut mansion is now also a crime scene. Farmington, Connecticut police report two men were found hiding inside the sprawling property Tuesday morning. A security guard called authorities around 6 a.m. and reported an unidentified, unoccupied vehicle in the driveway.

Both Alexander Hernandez and Santos Padilla were arrested on burglary charges. Hernandez, who was found hiding in a closet, drinking a bottle of wine stolen from the property, was released on a $50,000 bond and turned over to New Britain police for outstanding warrants. Both men were in possession of marijuana when they were arrested.

The 52-room mansion has been on the market for years with a listing price of $10 million. In 2009, 50 filed a lawsuit against the Connecticut-based engineering firm BVH Integrated Services alleging their subpar inspection of the property cost him millions in various maintenance repairs.

TMZ reports:

TMZ has learned … a gaggle of cops raided rapper Waka Flocka Flame’s Georgia home this AM — and Waka’s mom tells us, fellow rapper Gucci Mane is in cuffs and prostitution may be involved.

Law enforcement sources in Henry County tell TMZ, cops are investigating possible prostitution.

Waka’s mom tells us, cops are also looking for evidence of gangs and drugs, though we have not been able to confirm this with law enforcement.

Our law enforcement sources say cops found marijuana and weapons.

According to neighbors, there are still four cop cars parked outside.

We’re told Waka (left) is not there — and his mom tells us, if he doesn’t show up soon … cops will issue an arrest warrant.

Story developing …

Diddy, who has worked with both ladies refuses to pick a side on the feud, noting that both are special.

With all of the back and forth between Nicki Minaj and Lil’ Kim, Diddy is finally speaking on where he stands on the feud. While Puff worked with Lil’ Kim in the past, he now works with Minaj and when asked about their current war of words, Diddy simply said he was neutral on the subject. In a recent interview with Funkmaster Flex, Diddy also added that Kim remains very near to his heart and that he’s never heard Minaj say anything bad about Kim.

“I love Lil’ Kim no matter what’s going on, no matter what’s being said. Kim definitely has a responsibility for my success. Me working with Nicki Minaj has nothing to do with going against Kim. When Kim works with other producers, when she raps with other artists, I’m not getting upset. It’s not a problem,” he told Flex.

“I wouldn’t be around Nicki if I ever heard [something] negative about Kim. I’ve never heard nothing like that. Then, when it comes to just being an emcee, then I’ve got to stand back. If they want to do things and be emcees, that’s their business. I’m not with any negativity. I’m not with no beef. I love both of them.”

“Right now, Nicki Minaj? That’s who my artist is. That’s who I consult. That’s who I do business with. I no longer do business with Kim on that level, but Kim will always have a special place in my heart.”