TRON Founder Justin Sun Takes Legal Action Against Bloomberg for Alleged Breach of Confidentiality
TRON founder Justin Sun has initiated a lawsuit against Bloomberg in the Delaware federal court, accusing the media giant of violating confidentiality agreements. The dispute arises from Bloomberg's Billionaires Index, where Sun was under consideration for inclusion. The 14-page complaint, filed on August 1, alleges that Bloomberg prepared to disclose detailed breakdowns of Sun's cryptocurrency holdings without authorization. This legal battle highlights the growing tensions between high-profile crypto figures and traditional media outlets over privacy and transparency in the digital asset space.
TRON Founder Justin Sun Sues Bloomberg Over Alleged Breach of Confidentiality
TRON founder Justin SUN has filed a lawsuit against Bloomberg in Delaware federal court, alleging the media outlet violated confidentiality agreements by preparing to publish detailed breakdowns of his cryptocurrency holdings. The 14-page complaint, dated August 1, centers on Bloomberg's Billionaires Index—a ranking of the world's wealthiest individuals—where Sun was being considered for inclusion.
Sun claims Bloomberg repeatedly assured him, both in writing and verbally, that his portfolio data would remain private and be used solely for net worth verification. Internal communications reportedly show editors agreed to restrict access to the figures and delete them post-verification. The lawsuit highlights that no other profiles in the index have published token-level crypto allocations unless voluntarily disclosed.
The dispute escalated when Bloomberg shared a draft profile in late July containing what Sun describes as "numerous inaccuracies" alongside a granular listing of his crypto assets. His legal team argues such disclosure WOULD breach their agreement and expose him to security risks including hacking, extortion, and physical threats. A cease-and-desist letter was issued on August 2 demanding Bloomberg limit reporting to aggregate net worth figures.
