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Home Blockchain

TikTok denies TRUMP memecoin buys in reply to congressman’s accusations

by DigestWire member
June 20, 2025
in Blockchain, Crypto Market, Cryptocurrency
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TikTok denies TRUMP memecoin buys in reply to congressman’s accusations
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Bitcoin hater Brad Sherman has accused US President Donald Trump of accepting a $300 million bribe from TikTok, but TikTok denied it has anything to do with it.

Chinese social media platform TikTok has denied allegations that it has ever made purchases of US President Donald Trump’s official memecoin.

The official TikTok Policy account took to X on Thursday to deny claims that its owners are buying the Official Trump (TRUMP) memecoin in response to accusations by California Democratic Party Representative Brad Sherman.

Sherman had earlier claimed that the “Chinese owners of TikTok have announced they are buying ‘Trump Coins’ for $300 million.”

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