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Home Themes Cybersecurity

Secrets vs. Free Speech: Inside TikTok’s Fight Against US Law

by Team Lumida
June 18, 2024
in Cybersecurity
Reading Time: 3 mins read
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Photo by Solen Feyissa on Unsplash

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Key Takeaways:

  1. ByteDance argues Congress lacks public proof of TikTok’s national security threat.
  2. Lawmakers insist the ban is justified, citing classified briefings and public records.
  3. TikTok’s lawsuit could escalate to the Supreme Court, testing First Amendment rights.

What Happened?

ByteDance, TikTok’s Chinese parent company, has launched a legal challenge against a US law that mandates either a ban or divestment of the app. ByteDance argues that Congress failed to provide public evidence of a national security threat. By June 20, ByteDance must present its case, emphasizing that the cited risks are “hypothetical” and insufficient to override First Amendment rights.

US lawmakers, however, argue that classified briefings and public records justify the ban. TikTok CEO Shou Chew reassured users, stating, “we’re not going anywhere.”

Why It Matters?

This lawsuit tests the balance between national security and free speech in the digital age. Investors should note that a ban on TikTok could impact its 170 million US users and disrupt the digital advertising market. The case also spotlights how much transparency is required from lawmakers when passing such impactful legislation.

The implications for data privacy and international tech relations are profound, especially as lawmakers push to declassify some of the briefings that prompted the ban.

What’s Next?

Expect a prolonged legal battle, potentially reaching the Supreme Court. If ByteDance succeeds, it could set a precedent for how national security concerns are addressed in tech regulations. Watch for the Justice Department’s moves, as they may submit classified materials as evidence.

Additionally, monitor TikTok’s efforts with Oracle’s Project Texas, aimed at safeguarding US user data, and whether it sways any legal opinions. Lawmakers’ push to declassify parts of the briefings could also influence public opinion and the court’s decision.

Source: Bloomberg
Tags: ByteDanceFirst AmendmentNational SecurityTikTokUS Ban
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© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018