TikTok publicly rejected Sherman's claim, calling it "patently false and irresponsible" and stating it misrepresented a letter the congressman had previously signed

Event date

June 20, 2025

Quotes that support claims

Congressman, claiming that the owners of TikTok are buying ‘Trump Coins’ is patently false and irresponsible and doesn’t even accurately reflect a letter you signed last month,” TikTok Policy said in response to the claims.

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

TikTok slammed accusations from Rep. Brad Sherman that its owners were buying $300 million worth of TRUMP memecoins

TikTok’s official policy account quickly responded to the claims, strongly rejecting the allegations.

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Week 25 of 2025