An open letter to the U.S. Congress

Investigate The Sale of TikTok Now

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I am writing to formally request that you initiate or support a Congressional investigation into the recent sale of TikTok’s U.S. operations and the serious conflicts of interest and national-security concerns that appear to surround it. Recent reports indicate that TikTok has agreed to sell its U.S. business to a group of American investors that includes Oracle, Silver Lake, and MGX. Each of these entities has documented business or political ties to former President Donald Trump. Of particular concern is MGX, a firm that has received little public scrutiny due to its recent formation and limited name recognition. MGX was established in 2024 by the government of Abu Dhabi, one of the seven constituent monarchies of the United Arab Emirates. Despite its short history, MGX has rapidly become involved in high-profile and politically sensitive ventures. In January 2025, MGX partnered with OpenAI, SoftBank, and Oracle in the so-called “Stargate Project,” a joint venture involving companies whose leadership has close relationships with Donald Trump. In March 2025, MGX made a reported $2 billion minority investment in Binance, a cryptocurrency company that previously pled guilty in the United States to federal charges including money laundering, operating an unlicensed money-transmitting business, and sanctions violations. This investment was reportedly conducted using World Liberty Financial’s stablecoin. World Liberty Financial itself raises profound ethical and legal concerns. The company was founded in 2024 by Zachary Folkman, Chase Herro, Alex Witkoff, Zach Witkoff (sons of billionaire and longtime Trump associate Steve Witkoff), along with members of the Trump family, including Donald Trump, Donald Trump Jr., and Eric Trump. Public reporting indicates that this venture has already generated more than $1 billion in profits for the Trump family. Notably, Binance founder Changpeng Zhao was later pardoned by Donald Trump after investing in Trump-associated business interests, further intensifying concerns about pay-to-play corruption. Taken together, these facts raise the alarming possibility that the Trump family and its close business associates now exert direct or indirect influence over a major social media platform used by millions of Americans. This presents serious questions about corruption, self-dealing, foreign influence, and national security—particularly given TikTok’s scale, data access, and role in political discourse. I respectfully urge you to use your authority as a Member of Congress to: • Investigate the ownership and financing structure of the TikTok U.S. sale • Examine potential conflicts of interest involving the Trump family and their business ventures • Assess whether foreign sovereign wealth or politically connected entities are exerting undue influence over U.S. digital infrastructure • Determine whether existing ethics, campaign finance, national security, or anti-corruption laws have been violated The American people deserve transparency and accountability, especially when political power, private profit, and foreign capital intersect at this scale. I ask that you take this matter seriously and act to protect democratic integrity and public trust. Thank you for your time and attention. I look forward to your response.

▶ Created on December 18 by American Civil Liberties Union

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