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President Trump, Pam Bondi sued over sale of TikTok assets

8 hours ago
  • #TikTok
  • #Trump
  • #corruption
  • President Trump and attorney general Pam Bondi are being sued for allegedly flouting the law in the sale of TikTok's U.S. assets to White House allies.
  • The lawsuit claims the Trump administration ignored legislation aimed at preventing Chinese propaganda spread, instead facilitating a partial sale to Trump-affiliated businessmen.
  • Congress passed a law requiring ByteDance to divest TikTok's U.S. operations due to concerns over Chinese data collection and disinformation, but Trump granted multiple extensions instead.
  • The U.S. Supreme Court upheld the law, but Trump directed Bondi not to enforce it, leading to no Justice Department investigations.
  • Trump approved a deal selling TikTok's U.S. assets to a group including his campaign donors and business investors, while ByteDance retained control of key operations.
  • Plaintiffs in the lawsuit include investors from rival companies Alphabet and Meta, who claim harm due to the administration's failure to enforce the law.
  • The Justice Department has faced turmoil, with key units dismantled, prompting the formation of a new firm to address white-collar crime enforcement gaps.