Khaby Lame's $975 million deal is facing trouble as brokerages restrict trading in the stock tied to it. The TikTok star had planned to merge his company with Rich Sparkle Holdings so everyday investors could buy in, but uncertainty has sent the stock down over 90% since January.
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Khaby Lame's mysterious $975 million deal has hit a snag: Brokerages are restricting or blocking trading in the stock behind it.