2 The crypto world and political stage collided this week as TikTok denies $300M Trump meme coin bribe claims, following explosive allegations from U.S. Rep. Brad Sherman. Sherman suggested TikTok’s Chinese-linked owners tried to influence former President Trump by buying $300 million worth of the TRUMP meme coin. Source: Bitcoin Bharat This controversy has shaken both political circles and crypto markets, making it crucial for investors and traders to understand the facts.Let’s break down what really happened and what it means for crypto in 2025.What Is the TikTok $300M Trump Meme Coin Bribe Controversy?On June 19, 2025, Brad Sherman alleged that TikTok’s owners planned to buy $300 million in TRUMP meme coin. According to him, this was a bribe to secure another extension for TikTok’s U.S. operations deadline, now set for September 17, 2025.However, TikTok fired back. The company called these allegations “patently false and irresponsible”. They stressed there’s no connection between them, ByteDance, or the supposed TRUMP coin deal.In reality, the story stems from a filing by GD Culture Group, a small Nasdaq-listed company. They mentioned intentions to invest in Bitcoin and TRUMP coin—but have no formal link to TikTok or ByteDance. Plus, there’s no on-chain proof tying TikTok to any TRUMP coin purchases.Why TikTok Denies $300M Trump Meme Coin Bribe Claims Matters in 2025This controversy matters for several reasons:Political pressure on crypto marketsThe Trump meme coin controversy shows how political accusations can fuel market drama, even without proof.Memecoin volatilityTRUMP coin soared earlier this year but is now stuck near $13–14, well below its $75 peak. Allegations like this add uncertainty to an already shaky asset.Regulatory concernsThis drama comes as TikTok faces U.S. divestiture demands and broader crypto regulatory scrutiny in both the U.S. and UK.Investor sentimentBaseless claims can spook investors, making meme coins even more unpredictable.Top Insights From the TikTok Crypto Bribe AllegationsNo On-Chain EvidenceThere’s no blockchain data or credible report linking TikTok or ByteDance to any TRUMP coin investment.GD Culture Group’s RoleGD Culture Group mentioned plans for a $300 million investment in crypto. But this small firm isn’t owned by TikTok or ByteDance. Their proposed investments could come from offshore entities, not TikTok.TRUMP Coin Price ImpactWhile news drove minor price action, TRUMP coin is still struggling at around $13–14. Whales trimmed holdings slightly, but the top 100 holders added a bit more.What to Watch Next as This Story UnfoldsFollow on-chain data: Before reacting to headlines, watch blockchain movements for actual large-scale buys.Monitor regulatory updates: The real risk for TikTok and TRUMP coin holders lies in potential U.S. and UK rulings.Stay updated on memecoin market trends: Similar political-driven narratives could surface again.The key fact is clear: TikTok denies $300M Trump meme coin bribe claims and no evidence suggests otherwise. Yet the event highlights how political chatter can rattle crypto markets. If you’re a trader or investor, stay focused on facts, on-chain data, and regulatory signals—not just headlines.FAQs1️⃣ What did TikTok say about the $300M TRUMP meme coin bribe claim?TikTok called the allegation “patently false and irresponsible,” firmly denying any purchase of TRUMP tokens or involvement in bribery.2️⃣ Did TikTok buy $300 million of TRUMP meme coin?No, there is no evidence that TikTok or ByteDance bought TRUMP meme coin. The claims stemmed from a political accusation with no on-chain proof.3️⃣ Why is the TRUMP coin linked to TikTok controversy?A political accusation tied TikTok to a supposed crypto bribe, alleging the purchase was to influence Trump’s decision on TikTok’s U.S. operations.4️⃣ How has the TRUMP coin price reacted to the news?The TRUMP coin saw minor volatility but stabilized around $13–14, with market sentiment driven more by narrative than fundamentals.5️⃣ What should crypto investors take away from this TikTok-TRUMP coin story?Investors should be cautious of unverified political claims impacting crypto markets and focus on on-chain data and regulatory developments.
