Where did the 10 billion dollars go? Secret agreement on TikTok sale surfaces A mysterious $10 billion fee associated with the sale of TikTok’s US operations has surfaced, prompting Senator Mark Warner to question the Treasury Department about its collection without congressional approval. This alleged massive commission, far exceeding typical banker fees, has surprised investors and raised concerns about transparency and potential violations of federal spending rules. Key players like Oracle and Silver Lake are remaining silent, leaving the public awaiting answers amid suspicions of a political scandal.

• A mysterious $10 billion fee was involved in the sale of TikTok’s US division.
• Senator Mark Warner has written to the Treasury Department demanding an explanation for the fee’s collection without congressional approval.
• The actual price of the sale was significantly higher than the $14 billion officially paid by buyers.
• The US Treasury allegedly took over 70% of the fee, an unprecedented commission in private transactions.
• Investors are surprised, as the low sale price was previously attributed to pressure for a forced sale by ByteDance.
• Key companies involved, including Oracle and Silver Lake, have declined to comment.
• There are suspicions that federal spending rules were violated.
• The situation is described as non-transparent, with calls for investigation.
• This move potentially impacts US investment funds that held stakes in the new company.
• The sale is evolving from a tech story into a political scandal.