The social media platform TikTok denied allegations that it had bought the official Trump memecoin of US President Donald Trump. The official TikTokPolicy account denied claims on X on Thursday that its owner had bought the official Trump memecoin (TRUMP) in response to allegations by Rep. Brad Sherman, D-Calif.
Mr. Sherman had previously claimed that "the Chinese owner of TikTok has announced the acquisition of Trumpcoin for $300 million".
TikTok denies allegations of buying official Trump memecoins
2025-06-20 09:08:59
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