Justin Sun Sues Bloomberg Over Crypto Portfolio Disclosure Plan

Justin Sun has filed a lawsuit in a Delaware federal court against Bloomberg, seeking an injunction to prevent the media company from publishing a detailed breakdown of his cryptocurrency holdings. The legal action, dated August 1, 2025, was first shared by crypto researcher Molly White and confirmed by multiple sources in late July and early August. Sun alleges that Bloomberg violated their agreement by intending to disclose confidential financial data, which he had shared under assurances that it would remain private and used solely for verifying his net worth for inclusion in the Bloomberg Billionaires Index [1].

According to the 14-page complaint, Sun provided sensitive information after repeated written and verbal assurances from Bloomberg that his crypto portfolio data would not be published. Internal messages between Bloomberg staff reportedly show a consensus to limit access to the data and delete it after verification. Sun claims he reviewed other entries in the index and found no prior instances where individuals were asked to disclose detailed crypto holdings unless the information was already public [1].

The lawsuit further argues that Bloomberg’s draft profile, shared in late July, included “numerous inaccuracies” and a granular breakdown of his cryptocurrency assets by coin. Sun asserts that this planned publication would expose him and his family to potential security threats, including hacking, theft, and physical harm. He also emphasizes that he would not have participated in the index had he known the data would be disclosed [1].

This is not the first legal challenge from Sun, who has previously used litigation to protect his interests in the crypto space, including disputes over token delistings and market manipulation allegations. His latest move reflects a growing tension between media transparency and individual privacy in the digital asset sector, where the lines between public and private information are increasingly contested [1].

The case has drawn attention from the broader crypto community, particularly given Sun’s high-profile involvement in projects such as his $100 million purchase of $TRUMP memecoins and his broader $213 million contribution to crypto initiatives aligned with Donald Trump [3]. The legal outcome could set a precedent for how courts handle data privacy and media responsibility in the digital era, especially in the context of public interest journalism and the regulation of digital assets [1].

Source:

[1] Justin Sun sues Bloomberg over plan to publish ... (https://cryptobriefing.com/justin-sun-lawsuit-bloomberg-crypto/)

[2] Justin Sun Sues Bloomberg Over Financial Information ... (https://www.coinlive.com/news-flash/870867)

[3] Cryptocurrency Live News & Updates : Bitcoin (BTC) Hits ... (https://m.economictimes.com/crypto-news-today-live-14-aug-2025/liveblog/123288029.cms)