Sherman's allegations apparently referred to reports about TikTok-connected GD Culture Group announcing plans to buy $300 million of Trump memecoin and Bitcoin (BTC) in May.
Quote
Sources
TikTok denies TRUMP memecoin buys in reply to congressman’s accusations
Referenced by
GD Culture Group announced a $300 million crypto treasury strategy in May 2025, involving investments in Bitcoin and the Official Trump memecoin, as part of a share sale agreement with an investor based in the British Virgin Islands
Crypto news
Claim
