TikTok Calls Congressman’s TRUMP Coin Accusation ‘Patently False and Irresponsible’

TikTok has officially denied an allegation from Rep. Brad Sherman that it bought TRUMP coins. The Congressman claimed a $300M purchase was a bribe to extend TikTok’s US deadline. The claim appears to confuse TikTok with a separate firm, GD Culture Group. Social media platform TikTok has officially denied an allegation from U.S. Congressman Brad Sherman that the company was involved in a $300 million purchase of the TRUMP memecoin. The official TikTok Policy X account posted a response describing the claim, which the Congressman framed as a bribe to President Donald Trump, as “patently false and irresponsible.” 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. https://t.co/8uxxPrKlzP — TikTok Policy (@TikTokPolicy) June 19, 2025 The public dispute between the lawmaker and the tech company erupted after President Trump signed a third executive order extending the deadline for TikTok’s U.S. divestiture to September 17, 2025. Related: Trump Prioritizes Resolving China Trade Spat Before Finalizing TikTok Deal Sherman Alleg… The post TikTok Calls Congressman’s TRUMP Coin Accusation ‘Patently False and Irresponsible’ appeared first on Coin Edition .

Source: Coin Edition