<ul data-eligibleForWebStory="true"><li>TikTok refutes claims of Chinese owners buying $300 million worth of TRUMP memecoin, calling the allegation false and irresponsible.</li><li>US President Trump signed an executive order delaying TikTok ban or sale, possibly linked to political influence.</li><li>GD Culture Group, unrelated to ByteDance, announced purchasing Trump memecoin and Bitcoin, sparking confusion.</li><li>Congressman Brad Sherman criticized the alleged $300 million 'Trump Coin' purchase as a bribe and called for banning cryptocurrencies.</li><li>Online reactions were divided, with some doubting TikTok's denial and others criticizing Sherman's anti-crypto stance.</li><li>The incident intertwines politics, cryptocurrency, and social media with concerns about foreign influence.</li><li>The situation escalated quickly from an SEC filing and a congressional tweet to a larger controversy in the online space.</li></ul>

TikTok Fires Back: No TRUMP Coin Buys, Despite Congressman’s Claims

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