TRON Founder Justin Sun Dragged Bloomberg To Court Over Confidential Crypto Holdings

In a shocking turn of events, TRON founder Justin Sun has taken Bloomberg to court, seeking to prevent the media giant from publishing a detailed breakdown of his confidential crypto holdings. The lawsuit, filed on August 11, 2025, in Delaware federal court, aims to block Bloomberg from "recklessly and improperly disclosing" specific crypto amounts that Sun provided solely for wealth verification to be included in the company's Billionaires Index.

The situation unfolded when Bloomberg journalist Muyao Shen approached Sun's 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." However, on Monday, Bloomberg updated its profile on Sun in its Billionaires Index, revealing a staggering amount of Tron (TRX), the native token of the blockchain he created.

Sun claims that he was not made aware of the detailed breakdown of his crypto holdings and would not have agreed to participate in the Billionaires Index if he had known that Bloomberg would publish such granular details about his cryptocurrency assets. "Plaintiff would not have agreed to participate in Bloomberg's Billionaries 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 Bloomberg from publishing his specific crypto wealth. Sun's attorneys claim that disclosing detailed crypto amounts would allow bad actors to identify his wallet addresses through "address clustering techniques" that scrutinize transaction patterns.

Consequences of Disclosure

Crypto transactions are "irreversible," and if Sun is coerced, hacked, or scammed out of their funds, there is little or no recourse. Sun's attorneys emphasize the potential risks associated with publishing his specific crypto holdings, including theft, hacking, kidnapping, and bodily harm.

Bloomberg's Response

Bloomberg's legal team has countered that Sun's filing for a temporary restraining order couldn't stand, as the media outlet had already published the information in question. Bloomberg intends to oppose the filing and plans to argue that it would go against its First Amendment rights, governing press and speech freedom.

The Impact on Public Interest

Bloomberg maintains that Sun cannot prove that the article invaded his privacy, caused irreparable harm, or that Bloomberg broke a promise to him. The outlet also emphasizes that publishing the information is crucial for the public interest, as it provides transparency and accountability in the world of cryptocurrency.

As the lawsuit continues to unfold, one thing is clear: Justin Sun's confidential crypto holdings have become a major battleground between the billionaire entrepreneur and one of the most influential media outlets in the world. The outcome of this case will set an important precedent for the transparency and disclosure of cryptocurrency assets in the digital age.