Singer and model Iggy Azalea
Singer and model Iggy Azalea arrives for the BRIT Awards, celebrating British pop music, at the O2 Arena in London February 19, 2014. REUTERS/Luke MacGregor REUTERS/Luke MacGregor

After a series of denials issued by Iggy Azalea regarding her involvement in any sex tape, her legal team has now confessed that it could be her featured in the footage. However, they claimed that she was still underage when it was shot. Moreover, they clarified that Iggy was not aware that the sexual act was being recorded.

The 24-year-old rapper claims that leaking such a sex tape is an act of revenge plotted by her ex-boyfriend to damage her image and career.

As per TMZ reports, porn giant Steve Hirsch, the founder of Vivid Entertainment, was the one who stumbled on the footage of Iggy and her former boyfriend Hefe Wine. Hirsch wants to buy the rights of the video as he believes that it can be a huge hit-even bigger than the infamous Kim Kardashian sex tape. As per the Daily Mail, Hirsch has approached the Australian musician and model with a multimillion offer to buy the footage.

On the other hand, Iggy Azalea's alleged sex partner in the footage has now confirmed the authenticity of the video. Wine emphasized that it was definitely Iggy in the footage. Moreover, she was above 18 years when it was shot. He also clarified that Iggy was fully aware that their sexual activities were being filmed.

Wine, however, denied sending the tape himself to Vivid Entertainment. He claims that his computer got stolen a few months ago, blaming the video's leakage to the thieves. At the same time, however, he is eager to make a deal with Vivid Entertainment for its rights.

If everyone involved agrees to the terms offered by Vivid Entertainment, Iggy and Wine will be joining the other celebrities who sold their sex tapes to the company, such as Kim Kardashian and her ex Ray Z, Paris Hilton and ex-lover Rick Salomon and Hugh Hefner's ex-girlfriend Kendra Wilkinson. Porn giant Hirsch claims that the video of Iggy has the potential to outsell all these other celebrity sex tapes.

Iggy is currently dating the 29-year-old basketball player Nick Young. The couple recently admitted to being in a relationship with each other.