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Billionaire Tron founder Justin Sun has filed a lawsuit against Bloomberg, alleging that a recent story detailing his cryptocurrency holdings puts him at risk of kidnapping, theft, and bodily harm.
Sun filed a lawsuit against Bloomberg in the US District Court for the District of Delaware, seeking to block the publication of what he calls highly confidential financial information.
In a statement, Sun’s representatives claimed Bloomberg “recklessly and improperly” disclosed highly sensitive and proprietary details about his wealth, including the amounts of certain cryptocurrencies he owns.
He argues that publication of this information would cause him “significant and irreparable harm” both financially and physically.
A court filing describes Sun as a “successful entrepreneur” in the blockchain industry, most notably as the founder of Tron, a blockchain platform that has grown into one of the most active open networks in the world with over 300 million accounts.
🚨BREAKING: @JUSTINSUNTRON SUES BLOOMBERG OVER ALLEGED VIOLATION OF CONFIDENTIALITY AGREEMENT
Justin Sun has filed a lawsuit against Bloomberg, seeking to prevent the publication of detailed information regarding his cryptocurrency holdings. Sun claims the disclosure violates a… pic.twitter.com/qhIlirSqOK
— Naeem Aslam (@NaeemAslam23) August 14, 2025
Bloomberg argued that blocking the article would violate press freedom, calling such orders extremely rare. The company also said Sun is unlikely to win his claims and that it broke no promises to him.
“Because the application seeks only to prevent publication, and publication occurred last night, the TRO application is moot,” it said.
Justin Sun Media Dispute
This latest dispute adds to Sun’s history of clashes with the media. In 2023, Bullish CEO Tom Farley, who owns CoinDesk, removed an article about Sun after his team complained about its tone.
The story reported that Sun ate a banana that was part of an artwork by Maurizio Cattelan that he had purchased for $6.2 million.
The removal of the article from the CoinDesk site led to the resignation of senior editor Matt Murray and, soon after, Farley fired three more top editors. Looming over the dispute was the fact that Sun’s Tron is a sponsor of CoinDesk’s flagship Consensus conference.
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