This spring, U.S. President Donald Trump issued his third executive order<\/a>, further extending the timeline for either banning or forcing the sale of TikTok by an additional 90 days. This extension allows TikTok more time to secure a buyer to avert a complete ban in the United States.<\/p>\n This move has led to speculation about potential political repercussions, with many speculating if TikTok\u2019s political influence is causing these delays. Some have drawn attention to Sherman\u2019s comments, noting that he made his statement following the announcement of the new extension.<\/p>\n TikTok\u2019s assertion that the claim regarding our supposed investment in \u201cTrump Coins\u201d is entirely inaccurate raises concerns about accountability. <\/a><\/p>\n \u2014 TikTok Policy (@TikTokPolicy) June 19, 2025<\/a><\/p>\n<\/blockquote>\n <\/p>\n Reports surrounding an SEC filing revealed that GD Culture Group\u2014a small Nasdaq-listed entity without any known connections to ByteDance\u2014has announced plans to purchase up to $300 million in Trump memecoin and Bitcoin.<\/p>\n Although GD Culture produces AI-based videos for TikTok<\/a>, it operates independently and shares no common board members with ByteDance. This separation has triggered confusion, leading the public to insinuate that TikTok might be funding the memecoin acquisition.<\/p>\n\n
<\/span>GD Culture Group\u2019s SEC Filing Fuels Speculation<\/strong><\/span><\/h2>\n