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Cryptocurrency News Video

TikTok Denies Allegations of Purchasing Trump’s Official Meme Coin

Jun 20, 2025 at 01:44 pm Crypto World Daily

MEME Trump Trump Family The remarks came in response to statements by California Democrat Brad Sherman, who alleged that TikTok’s parent company had plans to purchase $300 million worth of the Trump meme coin.. Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has... Author Profile Share Copied Last updated: 1 hour ago Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews TikTok has publicly pushed back against claims that its Chinese owners are buying “Trump Coins,” the official meme coin linked to President Donald Trump. Key Takeaways: TikTok has denied accusations that its owners are buying Trump’s official meme coin. Representative Brad Sherman claimed a $300M Trump Coin purchase tied to TikTok, citing GD Culture Group. Critics questioned both Sherman’s crypto claims and the logic behind the alleged meme coin investment.. The social media platform’s official policy account addressed the controversy on Thursday through a post on X, calling the accusations “patently false and irresponsible.” The remarks came in response to statements by California Democrat Brad Sherman, who alleged that TikTok’s parent company had plans to purchase $300 million worth of the Trump (TRUMP) meme coin. “Congressman, claiming that the owners of TikTok are buying ‘Trump Coins’ doesn’t even accurately... https://cryptonews.com/news/tiktok-denies-allegations-of-purchasing-trumps-official-meme-coin/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple
Video source:Youtube

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