Key Takeaways
Justin Sun challenges Bloomberg over intent to publish sensitive financial information.
The lawsuit centers on alleged violations of confidentiality agreements and concerns over personal security risks.
TRON founder Justin Sun filed a lawsuit against Bloomberg in Delaware federal court, seeking to block the media company from publishing a detailed breakdown of his crypto holdings.
The lawsuit, filed August 1, 2025, arose after Bloomberg sought to include Sun in its Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest individuals, according to software engineer and crypto researcher Molly White, who first shared the filing.
Sun claims he shared sensitive financial information only after Bloomberg repeatedly assured him, both in writing and verbally, that his crypto portfolio data would remain “strictly confidential” and be used solely to verify his total net worth.
Internal messages cited in the filing show Bloomberg reporters and editors agreeing to limit access to Sun’s data and delete it after verification. Sun notes he reviewed other profiles on the index and found no precedent for publishing detailed crypto holdings unless they came from public statements or filings.
“Plaintiff would not have agreed to participate in Bloomberg’s Billionaires Index if he had known that Bloomberg would publish granular details about his cryptocurrency assets, including a breakdown of his cryptocurrency holdings,” the lawsuit states.
The 14-page complaint alleges that Bloomberg’s draft profile, delivered in late July, contained “numerous inaccuracies” and a detailed breakdown of his crypto holdings by coin. Sun contends this disclosure would violate their agreement and expose him to security risks, including potential hacking, theft, extortion, or physical harm to him and his family.
After Sun’s legal team sent a cease-and-desist letter on August 2 requesting that Bloomberg limit publication to his overall net worth and broad asset categories, Bloomberg’s newsroom counsel confirmed plans to publish the detailed breakdown “imminently.”
The crypto entrepreneur is now seeking a temporary restraining order, preliminary and permanent injunctions to block the publication of specific cryptocurrency amounts, as well as legal costs from Bloomberg for public disclosure of private facts.