Tron Founder Justin Sun Drags Bloomberg To Court To Prevent Disclosure Of His Confidential Crypto Holdings ⋆ ZyCrypto

Crypto

Tron Founder Justin Sun Drags Bloomberg To Court To Prevent Disclosure Of His Confidential Crypto Holdings ⋆ ZyCrypto

TRON founder Justin Sun has lodged a federal lawsuit against , seeking to bar the media giant from publishing a detailed breakdown of his crypto holdings that could expose him to “significant risk of theft, hacking, kidnapping, and bodily harm.”

The lawsuit, filed August 11, 2025, in Delaware federal court, seeks to block from “recklessly and improperly disclosing” specific crypto amounts that Sun provided solely for wealth verification to be included in the company‘s Billionaires Index, which ranks the world’s 500 richest individuals.

According to the complaint, Bloomberg journalist Muyao Shen approached Suns team in February 2025 to feature him in the Billionaires Index.

Sun initially declined due to concerns about his “substantial cryptocurrency holdings” but later agreed after Bloomberg gave him “explicit assurances” that the information would be kept “strictly confidential.”

Bloomberg updated its profile on Sun in its Billionaires Index on Monday, revealing that he owns a gargantuan amount of Tron (TRX), the native token of the blockchain he created, and attributed the figure to “an analysis of financial information provided by representatives of Sun in February 2025.”

Sun says he checked other profiles on the index and found no precedent for publishing specific crypto holdings unless they came from public statements or filings.

“Plaintiff would not have agreed to participate in Bloombergs Billionaires Index if he had known that Bloomberg would publish granular details about his cryptocurrency assets, including a breakdown of his cryptocurrency holdings,” the suit asserts.

The crypto tycoon is now seeking temporary and permanent injunctions preventing from publishing his specific crypto wealth. The suit notes that crypto transactions are “irreversible” and that “if Plaintiff is coerced, hacked, or scammed out of their funds, there is little or no recourse.”

Suns attorneys claim that disclosing detailed crypto amounts would allow bad actors to identify his wallet addresses through “address clustering techniques” that scrutinize transaction patterns.

Bloomberg Fires Back

legal team contended that Sun‘s filing for a temporary restraining order couldn’t stand, as the media outlet had already published the information in question.

indicated that Sun filed for the order to block the report just after 7 pm Eastern US time on Monday, but the outlet had published the article roughly two hours earlier.

Bloomberg intends to oppose the filing and plans to argue that it would go against its First Amendment rights, governing press and speech freedom, which would “gravely disserve the public interest.” The outlet also maintains that Sun cant prove the article invaded his privacy, caused irreparable harm, or that broke a promise to him.