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

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-06-20 15:53:01

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.

By:

Log in to Reply

Crypto Kidnapping Epidemic Hits France as Criminals Target Digital Asset Holders

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.