Justin Sun Sues Bloomberg Over Alleged Crypto Privacy Breach

Justin Sun, founder of the TRON blockchain, has filed a federal lawsuit against Bloomberg in the U.S. District Court for Delaware, accusing the media giant of breaching a confidentiality agreement by allegedly planning to publish detailed information about his cryptocurrency holdings. The lawsuit, dated August 1, 2025, seeks to prevent the disclosure of specific token breakdowns and highlights concerns over the potential risks to Sun and his family, including hacking, theft, or physical threats [1].

According to the 14-page complaint, Sun shared private financial data with Bloomberg under strict confidentiality terms to verify his net worth for inclusion in the “Bloomberg Billionaires Index.” The filing reveals that internal Bloomberg communications had previously agreed to restrict access to the information and delete it after verification. However, Sun claims a draft profile sent in late July included a detailed breakdown of his crypto assets, which he argues constitutes a clear breach of the agreement [1].

Sun’s legal team sent a cease-and-desist letter on August 2, requesting that Bloomberg limit its reporting to general asset categories and avoid publishing specific details of his cryptocurrency holdings. Bloomberg’s newsroom counsel reportedly responded that the firm intended to publish the detailed breakdown “imminently” [1].

The lawsuit seeks temporary and permanent injunctions to block the publication, as well as reimbursement of legal costs. It also includes claims of public disclosure of private facts and promissory estoppel. The case gained public attention after crypto commentator Molly White shared the filing on social media, quoting Sun’s assertion that Bloomberg was planning to “recklessly and improperly disclose his highly confidential, sensitive, private, and proprietary financial information” [1].

The dispute has sparked broader debate within the cryptocurrency community about the balance between financial transparency and personal security. It raises critical questions about the boundaries of financial journalism, especially in an industry where transparency and privacy often conflict [1].

As one of the most prominent figures in the blockchain industry, Justin Sun’s legal action against Bloomberg highlights the growing challenges of maintaining financial privacy amid heightened media and regulatory scrutiny. The outcome of this case could establish a legal precedent for how media organizations handle confidential information when reporting on influential figures in the crypto sector [1].

Source: [1] Tron Founder Justin Sun Sues Bloomberg Over ... (https://www.bitget.com/news/detail/12560604911649)