President Trump, Pam Bondi sued over sale of TikTok assets

The Hill

5769104 Tiktok Lawsuit Trump Bondi

The Economic Times

Trump, Bondi face lawsuit over approval of ByteDance TikTok US asset sale

Public Integrity Project

Executive Order Reporter

Executive Order 14310: Further Extending the TikTok Enforcement Delay

Congress

Text

Documentcloud

SCOTUS Tiktok

Trump White House

SAVING TIKTOK WHILE PROTECTING NATIONAL SECURITY

Fight Corruption Today  Join Us  Public Integrity Project

Squarespace

brendan_ballou

Trumps TikTok deal benefited firms that 'personally enriched' him, lawsuit says

Nairametrics

Trump, Bondi sued over TikTok deal approval

Forbes

Trump Sued Over Tiktok Deal Group Claims He Violated Ban Law

Reuters

Trump Bondi Face Lawsuit Over Approval Bytedance Tiktok Us Asset Sale 2026 03 05

Investing

Universal Music Shelves Us Listing Plans On Market Uncertainty 4544895

President Trump and Attorney General Pam Bondi were sued Thursday over the U.S. government's approval of a deal by TikTok's Chinese owner ByteDance to establish a majority American-owned joint venture. The lawsuit does not seek to force a ban on TikTok.

President Trump and Attorney General Pam Bondi were sued Thursday over the U.S. government's approval of a deal by TikTok's Chinese owner ByteDance to establish a majority American-owned joint venture. The lawsuit does not seek to force a ban on TikTok.

The lawsuit was filed in the U.S. Court of Appeals for the District of Columbia by the Public Integrity Project on behalf of two retail U.S. investors in rival social media firms. The plaintiffs are Zhaocheng Anthony Tan, a shareholder in Alphabet Inc., and Garrett Reid, a shareholder in Meta Platforms Inc.

The lawsuit was filed in the U.S. Court of Appeals for the District of Columbia by the Public Integrity Project on behalf of two retail U.S. investors in rival social media firms. The plaintiffs are Zhaocheng Anthony Tan, a shareholder in Alphabet Inc., and Garrett Reid, a shareholder in Meta Platforms Inc.

Congress passed legislation in April 2024 requiring ByteDance to sell its U.S. assets by January 2025 or face a ban or potentially hundreds of billions of dollars in fines. Trump opted not to enforce the law and Bondi told companies they would face no liability for continuing to allow TikTok use.

Congress passed legislation in April 2024 requiring ByteDance to sell its U.S. assets by January 2025 or face a ban or potentially hundreds of billions of dollars in fines. Trump opted not to enforce the law and Bondi told companies they would face no liability for continuing to allow TikTok use.

The lawsuit alleges that under the announced deal, ByteDance would still control all the essential elements of TikTok and could continue to push Chinese propaganda and censor content. ByteDance continues to own the app's recommendation algorithm, which it licenses to the new American TikTok entity.

The lawsuit alleges that under the announced deal, ByteDance would still control all the essential elements of TikTok and could continue to push Chinese propaganda and censor content. ByteDance continues to own the app's recommendation algorithm, which it licenses to the new American TikTok entity.

TikTok USDS Joint Venture LLC was finalized in January and is 80% owned by non-Chinese investors. The new entity includes Oracle, MGX and Silver Lake as managing investors, each taking a 15 percent stake, while ByteDance maintains a 19.9 percent stake.

TikTok USDS Joint Venture LLC was finalized in January and is 80% owned by non-Chinese investors. The new entity includes Oracle, MGX and Silver Lake as managing investors, each taking a 15 percent stake, while ByteDance maintains a 19.9 percent stake.

The lawsuit claims the deal benefited firms with close ties to Trump, including Oracle co-founder Larry Ellison, who previously hosted a $100,000-per-person fundraiser for Trump. Susquehanna's founder Jeff Yass donated $16 million to Trump's Super PAC, MAGA, Inc.

The lawsuit claims the deal benefited firms with close ties to Trump, including Oracle co-founder Larry Ellison, who previously hosted a $100,000-per-person fundraiser for Trump. Susquehanna's founder Jeff Yass donated $16 million to Trump's Super PAC, MAGA, Inc.

Trump, Bondi Sued Over TikTok Deal Approval

Trump, Bondi tiktokSued Over TikTok Deal Approval

Go Deeper

Articles on this story

Sign Up for Our Free Newsletters
Sign Up for Our Free Newsletters

Trump, Bondi Sued Over TikTok Deal Approval

Trump, Bondi tiktokSued Over TikTok Deal Approval

Go Deeper

Articles on this story

Sign Up for Our Free NewslettersSign Up for Our Free Newsletters

Sign Up for Our Free Newsletters
Sign Up for Our Free Newsletters