TikTok denies the allegations of buying Trump's official memecoin.

GateUser-6433627c · 2025-06-20T09:07:10+00:00

TikTok denied allegations regarding its Chinese owner purchasing Trump's official memecoin, responding to claims made by California Democratic Congressman Sherman, emphasizing that no such transaction has taken place.

GateUser-6433627c

2025-06-20 09:07:10

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[TikTok denies allegations of purchasing Trump’s official memecoin] Social media platform TikTok denied allegations that it had purchased the official memecoin of U.S. President Donald Trump. The official TikTokPolicy account on X denied claims about its owner purchasing the official Trump memecoin ( TRUMP ), in response to California Democratic Congressman Brad Sherman ('s accusations. Sherman previously claimed, “The Chinese owner of TikTok has announced a $300 million acquisition of ‘Trump Coin’.”

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