Why the World’s Biggest TikTok Star’s $975 Million Business Deal Is Suddenly Falling Apart

Why the World’s Biggest TikTok Star’s $975 Million Business Deal Is Suddenly Falling Apart

Khaby Lame’s landmark merger drew in traders and creator economy optimists alike, but the stock has since plunged over 90 percent and major brokerages are restricting trading.

TikTok star Khaby Lame's $975 million deal is raising serious red flags

The transaction was structured as an all-stock deal for 75 million new shares, not a cash payout, briefly turning Lame into a paper billionaire as Rich Sparkle shares surged. An SEC filing also said Lame directly and indirectly controlled 49% of Step Distinctive.Read Entire Article

Khaby Lame’s $975M TikTok AI Twin Deal Raises New Red Flags

Khaby Lame signed a $975 million deal in January, but the AI-driven partnership is now raising serious questions.

TikTok's top star teased a $975 million deal and then went silent. Red flags are piling up.

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Khaby Lame’s $975 Million Deal Faces Collapse

The highly publicised $975 million deal involving Khaby Lame has run into major trouble after brokerages restricted or blocked trading in the stock tied to

Khaby Lame's $975 million stock deal isn't looking nearly as lucrative as advertised

In January, TikTok star Khaby Lame announced a partnership that would test the viability of his personal brand on the stock market. Three months later, that deal is looking like a dud. Lame sold a stake in his company, Step Distinctive Limited, to a financial printing company called Rich Sparkle Holdings. The Hong Kong-based firm had big plans for its partnership with TikTok’s most-followed creator: There was talk of brand endorsements, TikTok S…