#tiktok #TRUMP

TikTok Denies Congressman’s $300M ‘Bribe’ Claim Over $TRUMP Meme Coin

Rep. Brad Sherman (D-CA) accused TikTok’s Chinese owners of buying $300M in $TRUMP meme coins as a “bribe” for President Trump, who recently delayed a TikTok ban by 90 days. TikTok called the claim “patently false and irresponsible.” Sherman’s accusation may stem from GD Culture Group, a small tech firm with a Chinese subsidiary, which announced a $300M investment in the coin but has no clear link to TikTok’s parent, ByteDance. Concerns over foreign influence via the TRUMP coin have also been raised by Sens. Warren and Schiff.