Tiny Company With China Ties Announces Big Purchase of Trump Cryptocurrency
A little-known tech company with ties to China has announced plans to purchase up to $300 million worth of $TRUMP , the memecoin linked to former President Donald Trump — despite having reported zero revenue last year.
🧩 A Curious Crypto Move
GD Culture Group, a Nasdaq-listed company with only eight employees and a Chinese subsidiary, revealed it would invest in Bitcoin and $TRUMP using proceeds from a stock sale to an unnamed entity based in the British Virgin Islands. This revelation raised immediate concerns about ethics, transparency, and foreign influence.
The firm, which produces content on TikTok, said it aims to “enhance its balance sheet with high-performance digital assets,” but offered no details on its mysterious backer or how much of the $300 million has been received.
⚠️ Foreign Interests & Ethical Questions
The announcement has intensified scrutiny over Trump’s crypto ventures, which funnel profits directly to the Trump family. Ethics experts and lawmakers are raising alarms, especially as foreign investors increasingly use cryptocurrency as a means to curry favor with U.S. political figures.
Senator Chris Murphy noted this new trend of overseas funding during a speech in the Senate, warning of legal and constitutional risks.
First China-Linked Buyer of $TRUMP
If completed, GD Culture’s purchase would be the first known acquisition of TRUMP a China-linked company. Its financial reports acknowledge potential influence by the Chinese government, adding another layer of complexity.
📉 A Pattern of Profit
Trump launched the TRUMP just days before his inauguration. The memecoin has seen dramatic price swings, sparking speculative trading and generating significant revenue for the Trump family — including exclusive events for top buyers.
While federal law bans foreign donations to political campaigns, crypto offers a new path for financial support — one that remains dangerously opaque.
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