By skyforbes 
Imagine waking up, checking your crypto wallet, and boom — someone accuses TikTok of pumping $300 million into a Trump memecoin. Yeah, sounds like a Netflix plot, but this actually happened in real life. 🧨 Let’s break down the wild web of accusations, denials, memecoins, and politics — in the most brain-friendly way possible 😎
🎯 The Big Accusation
So here’s what triggered the crypto chaos:
Congressman Brad Sherman (yeah, the guy who’s allergic to crypto) went on record claiming that the Chinese owners of TikTok are buying Trump Coins — to the tune of $300 million. That’s right, three-zero-zero followed by six more zeros 😵
But wait — TikTok was like, “Excuse us, what now?” 🧍♀️
🚫 TikTok: “This is Cap!”
TikTok’s official Policy account popped up on X (aka Twitter) faster than a crypto pump alert 🚨 and clapped back:
“Congressman, that claim is patently false and irresponsible…”
in short : “Bruh, we didn’t buy any Trump memecoins — please stop the drama.” 🎭
🤔 Where Did This Come From?
Well, Sherman’s spicy claim seems to be based on GD Culture Group, a firm that said it plans to buy $300 million worth of Trump memecoin and Bitcoin.
People were quick to assume it’s linked to TikTok because GD Culture does some AI-generated content on TikTok. But being on TikTok isn’t the same as being owned by TikTok — just like making reels doesn’t mean you work for Instagram, right? 📱➡️🙅
There’s no formal tie between TikTok, its parent company ByteDance, and GD Culture. Nada. Zilch.
💰 So… Is the $300M Bribe Real?
Sherman went all-in, saying:
“Trump creates ‘Trump Coins’ at no cost. This is a $300 million bribe that goes straight into his pocket.”
Okay wow, that’s a lot of assumptions in one sentence. 🎩
First off: You can’t just create a memecoin for free and cash out like it’s Monopoly money 💸 — even memecoins need liquidity, market trust, and dev effort (yes, even Doge had a dev 🐶).
And second: Nobody’s confirmed Trump actually made the coin or is directly cashing in on it. Yet.
🤷 What’s Really Happening?
There’s a bunch of smoke but no confirmed fire 🔥
- GD Culture made an announcement
- People assumed they were TikTok-related
- Sherman threw in a spicy conspiracy
- TikTok said “Nope, not us” 🧊
…And here we are.
Meanwhile, TikTok just got another 90-day delay from the US ban — their third one. Sherman is very unhappy about that too, saying it’s illegal.
🧠 Why This Story Matters (Even If You Hate Politics)
This whole situation is bigger than just a memecoin:
- It’s about crypto regulation (again).
- It’s about big tech vs government.
- And it’s about who controls the narrative in a digital world.
Memecoins used to be jokes… now they’re in $300M political accusations. Let that sink in. 😮
🧵 Final Thoughts
Whether you’re pro-Trump, pro-TikTok, or just pro-memecoin 🧼🪙 — this story shows how crypto is no longer underground. It’s now a political weapon, a marketing tool, and a narrative battleground.
What’s next? Politicians launching meme tokens of themselves? Oh wait… too late. 😂
Stay tuned, stay skeptical, and remember: just because something is loud, doesn’t mean it’s true.