TikTok denies allegations of purchasing Trump's official memecoin
Social media platform TikTok has denied allegations that it purchased U.S. President Donald Trump's official memecoin, Internet reported. The official TikTokPolicy account denied on X on Thursday that its owners had purchased the official Trump memecoin(TRUMP) in response to allegations by Democratic Representative Brad Sherman of California. Sherman previously claimed that "the China owner of TikTok has announced the acquisition of 'Trump' for US$300 million."
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