{"id":32964,"date":"2025-06-21T04:46:30","date_gmt":"2025-06-21T04:46:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32964"},"modified":"2025-06-21T04:46:30","modified_gmt":"2025-06-21T04:46:30","slug":"tiktok-fires-back-no-trump-coin-buys-despite-congressmans-claims","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32964","title":{"rendered":"TikTok Fires Back: No TRUMP Coin Buys, Despite Congressman\u2019s Claims"},"content":{"rendered":"
\n

According to TikTok\u2019s Policy account on X, claims that its Chinese owners are snapping up $300\u202fmillion worth of the Official Trump (TRUMP) memecoin are flat-out wrong.<\/p>\n

The post called the idea \u201cpatently false and irresponsible.\u201d It even pointed out that the claim<\/a> didn\u2019t match a letter Rep. Brad Sherman signed last month.<\/p>\n

Exec Order Delay Raises Eyebrows<\/strong><\/h2>\n

US President Donald Trump signed his third executive order<\/a> this spring, pushing back a ban or forced sale of TikTok by another 90\u202fdays. That move gave TikTok roughly three more months to find a buyer or face an outright ban in the US.<\/p>\n

Many people wondered if TikTok\u2019s political sway was part of the hold\u2011up. Some viewed Sherman\u2019s timing as no accident\u2014he spoke out just after the third delay was announced.<\/p>\n

\n

Congressman, claiming that the owners of TikTok are buying \u201cTrump Coins\u201d is patently false and irresponsible and doesn\u2019t even accurately reflect a letter you signed last month. https:\/\/t.co\/8uxxPrKlzP<\/a><\/p>\n

\u2014 TikTok Policy (@TikTokPolicy) June 19, 2025<\/a><\/p>\n<\/blockquote>\n

\"\"<\/p>\n

GD Culture Group Connection Sparks Doubts<\/strong><\/h2>\n

Based on reports of an SEC filing, GD Culture Group\u2014a tiny, Nasdaq\u2011listed firm with no known ties to ByteDance\u2014said it would buy as much as $300\u202fmillion in Trump memecoin and Bitcoin.<\/p>\n

GD Culture creates AI\u2011driven videos for TikTok<\/a>, but it isn\u2019t owned by ByteDance and has no board members in common. That mix\u2011and\u2011match link set off a wave of confusion, leading some to assume TikTok itself was funding the memecoin purchase.<\/p>\n

Sherman\u2019s Crypto Critique<\/strong><\/p>\n

According to Sherman, \u201cTrump creates \u2018Trump Coins<\/a>\u2019 at no cost, meaning this is just a $300 million bribe that goes right into his pocket.\u201d<\/p>\n

Sherman has long argued for a blanket ban on crypto.<\/p>\n

Back in 2019, he warned that cryptocurrencies could displace the US dollar. His latest comments mix his worry about TikTok\u2019s Chinese ownership with his deep distrust of the crypto world.<\/p>\n


\nOnline Reaction Divides Audience<\/strong><\/p>\n

Some online users doubted TikTok\u2019s denial, wondering if China\u2019s influence was deeper than we know. Others piled on Sherman, criticizing his anti\u2011crypto stance and even his call to ban TikTok.<\/p>\n

\u201cNo one wants TikTok banned, except the Israeli lobby, aka your puppet masters,\u201d one commentator wrote, adding fuel to the fire.<\/p>\n

Politics, Crypto And Social Media Entangle<\/strong><\/p>\n

In less than a week, a single SEC form and a congressional tweet turned into a full\u2011blown spectacle:<\/p>\n

On one side, we have a social platform fighting to stay in the US market.<\/p>\n

On the other, a lawmaker warning about foreign influence and digital money.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

According to TikTok\u2019s Policy account on X, claims that its Chinese owners are snapping up $300\u202fmillion worth of the Official Trump (TRUMP) memecoin are flat-out wrong. The post called the idea \u201cpatently false and irresponsible.\u201d It even pointed out that the claim didn\u2019t match a letter Rep. Brad Sherman signed last month. Exec Order Delay […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32964","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32964"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32964\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}