Justin Sun Sues Bloomberg Over Unauthorized Crypto Disclosure

Justin Sun, the founder of blockchain platform Tron, has taken legal action against Bloomberg, alleging that the media giant improperly disclosed confidential details of his cryptocurrency holdings. The dispute centers around Bloomberg’s inclusion of Sun in its Billionaires Index, which reportedly attributed crypto assets to him that he claims he does not own [1]. Sun contends that the publication of his financial details—particularly granular breakdowns of his crypto portfolio—breached a confidentiality agreement and exposed him and his family to serious security risks [2].

According to court documents, Bloomberg first contacted Sun in February 2025 to verify his net worth for inclusion in its rankings. Sun agreed to provide financial information under the condition that it would be used solely for verification and kept confidential [3]. However, Sun later discovered that Bloomberg intended to publish detailed information about his crypto holdings and repurpose it for unrelated articles [4]. After sending a cease-and-desist letter on August 2, Sun sought a temporary restraining order in a Delaware federal court to prevent further publication [5].

Bloomberg has rejected the request, arguing that the article in question was already published before the legal filing was submitted. The article was posted nearly two hours before Sun sought the court order, making the restraining request moot, according to Bloomberg’s legal team [6]. The outlet plans to assert that the publication is protected under the First Amendment and that Sun has not demonstrated sufficient grounds for claims of privacy violation or irreparable harm [7]. Bloomberg also emphasized that its standard approach for representing crypto-linked individuals involves aggregate valuations rather than detailed breakdowns, a method it claims was not deviated from in this case [8].

The case has sparked broader discussions about privacy in the cryptocurrency sector and the ethical obligations of financial media when handling sensitive data. Sun, known for making headlines with high-profile stunts such as a suborbital space flight and ringing the Nasdaq bell for Tron’s public listing, now faces a legal battle that could influence how media and financial institutions manage confidential information in the digital asset space [9].

Source:

[1] title: Justin Sun, Bloomberg in legal dispute over billionaires index

url: https://cointelegraph.com/news/justin-sun-bloomberg-legal-dispute-over-bloomberg-billionaires-index

[2] title: Justin Sun Sues Bloomberg to Protect Crypto Privacy

url: https://coinpedia.org/crypto-live-news/justin-sun-sues-bloomberg-to-protect-crypto-privacy/

[3] title: Justin Sun Lawsuit: Shocking Battle With Bloomberg Over

url: https://www.fastbull.com/news-detail/justin-sun-lawsuit-shocking-battle-with-bloomberg-over-4339582_0

[4] title: Justin Sun Sues Bloomberg Over Unauthorized Disclosure

url: https://www.ainvest.com/news/justin-sun-sues-bloomberg-unauthorized-disclosure-private-financial-data-2508

[5] title: Why is Tron founder Justin Sun suing Bloomberg?

url: https://invezz.com/news/2025/08/14/why-is-tron-founder-justin-sun-suing-bloomberg/

[6] title: Justin Sun Lawsuit Targets Bloomberg Over Crypto Leak

url: https://watcher.guru/news/justin-sun-sues-bloomberg-cites-imminent-risk-from-crypto-leak

[7] title: Justin Sun sues Bloomberg over plan to publish

url: https://cryptobriefing.com/justin-sun-lawsuit-bloomberg-crypto/

[8] title: Why is Tron founder Justin Sun suing Bloomberg?

[9] title: Why is Tron founder Justin Sun suing Bloomberg?