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BTCC / BTCC Square / Global Cryptocurrency /
TikTok Denies $300 Million TRUMP Coin Bribery Allegations Amid US Divestiture Deadline Extension

TikTok Denies $300 Million TRUMP Coin Bribery Allegations Amid US Divestiture Deadline Extension

Author:
Global Cryptocurrency
Published:
2025-06-20 15:53:01
7
1

TikTok has vehemently rejected allegations by Congressman Brad Sherman that its Chinese owners bribed former President Donald TRUMP with $300 million worth of TRUMP Coins. The claims surfaced after Trump extended TikTok's US divestiture deadline to September 17, 2025—the third such postponement.

Sherman accused Trump of illegal conduct, stating the law permits only one extension. He alleged the MOVE was personally motivated, pointing to TikTok's purchase of TRUMP Coins—a token Trump can allegedly create at zero cost. The social media platform, used by 170 million Americans, now faces renewed scrutiny as it races to find a US buyer.

|Square

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