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

Description

Bitcoin hater Brad Sherman accused US President Donald Trump of accepting a $300 million bribe from TikTok, but TikTok denied it has anything to do with it.

Authors

Helen Partz

Publish date

June 20, 2025

Publisher

Cointelegraph

Web URL

https://cointelegraph.com/news/tiktok-denies-trump-memecoin-buy-brad-sherman

Referenced by

TikTok denies $300M Trump Coin purchase

Crypto news

News story

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.

Crypto news

Quote

Some online commentators were skeptical of TikTok’s denial, but many refuted Sherman’s allegations, labeling them as untrustworthy.

Crypto news

Quote