US Supreme Court accepts arguments on potential TikTok banning


The TikTok logo appears on the screen of a smartphone

Jaque Silva via NurPhoto

What you need to know

  • On Jan. 10, the U.S. Supreme Court will hear arguments from TikTok, and some of its users who are asking for the justices’ help to stop a proposed law which could have banned the social media website in the U.S.
  • A law passed this year requires TikTok's parent, China's ByteDance, to sell the site by Jan. 19.
  • TikTok has denied the government’s claim that TikTok is a security threat, because TikTok provides information to China about Americans.

The U.S. Supreme Court agreed to review next month the petition of TikTok users and its Chinese parent ByteDance to overturn a law that mandates it be sold in China by ByteDance to remain in operation in this country.

The court instructed TikTok to file its opening briefs electronically by December 27 and that the Justice Department submit their reply briefs no later than January 3. The high court held off on ruling until the oral arguments were completed. These are now set for January 10.

Social media website ByteDance appealed the ruling to the Supreme Court, after an inferior court in Washington, D.C., had upheld the prohibition. The ban is scheduled to go into effect on Jan. 19, unless ByteDance sells off the popular site. This decision was made on December 6, and the panel of three judges agreed with government officials that TikTok poses a possible threat to the national security.

U.S. government officials accuse TikTok being used to collect information on Americans by the Chinese Government. The company disputes that and claims that banning TikTok would violate the First Amendment’s right to freedom speech. 

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leadzevs/ author of the article

LeadZevs (John Lesley) is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

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