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OnlyFans founder makes surprise offer to buy Tik Tok app

2025-04-03 20:20:28 / BOTA ALFA PRESS

OnlyFans founder makes surprise offer to buy Tik Tok app

In a surprising move, OnlyFans founder Tim Stockley has made a last-minute offer to buy TikTok, amid pressure from the Trump administration to divest the platform from Chinese company ByteDance.

The proposal, according to a Reuters report, was submitted through his new startup, Zoop, in collaboration with cryptocurrency company The Hbar Foundation.

Although the details of this proposal have not yet been revealed, Zoop described its move as "a David versus Goliath showdown" that expresses a revolution in favor of content creators.

At the same time, Amazon also officially entered the race, submitting a takeover proposal on Wednesday via a letter to US Vice President JD Vance and Commerce Secretary Howard Latnick, according to the New York Times.

A source confirmed the existence of the offer to the Independent, although Amazon declined to comment on the matter.

According to international media, those involved in the negotiations do not seem to be taking Zoop's proposal seriously. Amazon and other giants remain the favorites, as the US government prepares to make critical decisions about the platform's future.

The deadline set by President Trump for submitting proposals expires on Saturday, April 5, following an executive order he signed on his first day in the White House, giving 75 days to decide on the fate of the application.

The Supreme Court had previously upheld the law requiring TikTok to be separated from ByteDance or banned in the US, citing national security reasons.

Big investors, like Blackstone and Oracle, are already at the table for the popular app.

 

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