Justin Sun Takes Legal Action Against Bloomberg Over ’High-Stakes’ Crypto Data Leak
TRON founder fires back at media giant—alleges reckless handling of sensitive market information.
Subheader: When 'Sources Say' Becomes a Legal Problem
Sun's lawsuit claims Bloomberg's leak created artificial volatility—because crypto markets needed more of that. The complaint cites 'imminent risk' to investors, though cynics might note Sun's history of thriving in chaos.
Subheader: The Leak That Could Move Markets
No specifics on damages yet, but in crypto-land, even rumors can swing billions. Bloomberg hasn't commented—probably too busy tracking Elon's next tweet.
Closer: Another day, another crypto drama. At least this one comes with actual legal paperwork instead of just Twitter threads.
Crypto Security Risks And Bloomberg Lawsuit Threats Surround Justin Sun
Bloomberg’s Alleged Confidentiality Breach
Bloomberg’s alleged confidentiality breach in the Justin SUN lawsuit started when journalist Muyao Shen approached Sun’s team back in February 2025 for inclusion in their Billionaires Index. Sun was hesitant at first because of concerns about his substantial cryptocurrency holdings, but he agreed after getting what seemed like solid confidentiality assurances.
Sun’s team communicated to Bloomberg representatives:
Bloomberg journalist Tom Sloan also provided assurances via encrypted Telegram, telling Sun’s people:
Wrench Attack Concerns Drive Legal Action
Experts are raising concerns about the Bloomberg crypto leak, focusing on so-calledwhere criminals use physical violence to force crypto transfers. This year alone, attackers have carried out 51 documented incidents worldwide, some of them horrific. In France, kidnappers severed victims’ fingers, and in Uganda, they forced a crypto founder at gunpoint to transfer $500,000.
The court filing in the Justin Sun lawsuit states:
What Legal Experts Are Saying
Legal experts have been weighing in on this unusual case, and the opinions are mixed. David Gu, who works as General Counsel at LBank, acknowledged the sensitivity surrounding cryptocurrency holdings disclosure in the Justin Sun lawsuit case.
Gu told Decrypt:
He also noted:
The Justin Sun lawsuit could actually set some important precedent for how media organizations handle cryptocurrency holdings going forward. Bloomberg typically reports other billionaires’ crypto assets as lump sums rather than detailed breakdowns, which makes Sun’s case even stronger. At the time of writing, Bloomberg has reportedly confirmed their intent to publish Sun’s information “imminently,” which is why his legal team had to rush to court.
This Bloomberg lawsuit threat isn’t just about privacy – it’s about actual physical safety. The crypto security risks involved here are real, and they’re becoming more common as digital assets grow in value. Sun is demanding a jury trial and wants Bloomberg to cover his court costs and attorney fees, which signals he’s not looking for a quick settlement.
