The Tiktok service officially denied the information that its owners invested in the Official Trump (Trump) memcin The publication appeared in response to the statement of the congressman Brad Sherman, who approves the opposite.
Where did this information come from?
On June 19, 2025, US President Donald Trump signed a decree according to which Tiktok can continue to work in the country until mid -September. Sherman commented on this decision of the president, calling him illegal.
Recall, on January 20, 2025, a law was adopted in the United States, which requires Tiktok to “have alienated” from the Chinese BYTEDANCE owner. This is the second extension of the deadline, for the first time Trump’s decree provided for a pause of 75 days.
Also in January, information appeared that the president was directly involved in the negotiations on the purchase of the service. Among the interested parties, there is a ZOOP startup from the founder of the Onlyfans platform Tim Stoles, co -founder of Reddit Alexis Oganyan, as part of the initiative of People’s Bid for Tiktok, Microsoft and others.
In May 2025, GD Culture Group announced the creation of a treasury for $ 300 million from Bitcoin and Trump tokens.
Journalists did not reveal the direct connection between this counterparty and ByTedance, however, its subsidiary Shanghai Xianzhui is in close contact with the PRC authorities, which was indicated in The New York Times.
Tiktok reaction
The note on the official page of the service in X says the following:
Also in the publication, the authors refer to a letter published by the press in early June 2025. In it, the democrats demanded that Trump take immediate measures to alienate the service in favor of the American side.
Trump himself at the lunge of Sherman himself at the time of writing did not respond in any way.
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Source: Cryptocurrency
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