Trump’s TikTok deal benefited firms that 'personally enriched' him, lawsuit says
NBC News • • general
Key Points:
- The Public Integrity Project has filed a lawsuit against President Donald Trump and Attorney General Pam Bondi, alleging the TikTok U.S. sale deal violates a law aimed at preventing Chinese government propaganda and enriches Trump's allies.
- The 2024 law, signed by President Joe Biden and upheld by the Supreme Court, required TikTok's Chinese owner ByteDance to find an American-based corporate home before Trump’s return to office, but Trump issued an executive order extending the deadline and directed non-enforcement.
- The lawsuit claims the deal allows ByteDance to retain control over TikTok’s algorithm while Oracle controls user data, creating risks for free speech and user privacy on the platform.
- The investors involved in the deal, including Oracle and affiliates
