Justin Sun Sues Bloomberg Over Plans to Publish ‘Confidential’ Crypto Holdings

Tron -founder Justin Sun has filed a federal court case against Bloombergclaiming that the media giant is planning to break confidentiality promises by publishing detailed information about his crypto companies that could expose him to “considerable risk of theft, hacking, kidnapping and physical injury”.

The court casesubmitted on Monday in the Federal Court of Delaware, tries to block Bloomberg From making public crypto amounts that Sun only offered that the wealth verification was included in the company’s billionaire index.

Sun claims Bloomberg Promised that the information would be kept ‘strictly confidential’.

The lawsuit, first reported By crypto researcher Molly White, strives for temporary and permanent orders that occur Bloomberg From publishing Sun’s specific crypto companies.

The submission notes that crypto transactions are “irreversible” and that “as the plaintiff is forced, hacked or being scammed from their funds, there is little or no story.”

Representatives for Zon did not respond immediately Decrypts Request for comments. Efforts have been made to contact Bloomberg.

Bloomberg journalist Muyao Shen is said to have approached the Sun team in February 2025 to give him in the billionaire index, which, according to the complaint, ranks the 500 richest individuals in the world.

Sun initially hesitated because of concern about his “substantial cryptocurrency companies”, but agreed after receiving what he describes as explicit guarantees that his financial information would remain confidential.

“Justin could be provided in practice Bloomberg A zero-swell-worthy proof without revealing addresses or positions, “said David Gu, General Council of LBank, said Decrypt.

Gu acknowledged that “modern democracies appreciate the right of the public to know, especially when the finances of high -profile figures can bear about matters of the public trust.”

Nevertheless, “financial data is uniquely sensitive,” he said, adding “disclosure must be goal -oriented and proportional, balanced against credible security, privacy and contractual interests.”

Bloomberg Journalist Tom Sloan reportedly told the Sun team in a secure telegramchat that Wallet address files “not leave our office and the only people who have access are my team and the engineers who manage the API.”

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Sun’s team repeatedly emphasized the sensitive nature of the data and wrote: “All information that is shared within the group is strictly confidential and only for verification purposes.”

The entrepreneur said that the publication of detailed crypto outputs differs from how Bloomberg Usually treats such information.

The lawsuit notes that the crypto companies of other billionaires in the index are only reported as flat -rate amounts or based on public statements.

The Legal Team of Sun warns that revealing specific crypto quantities would enable bad actors to identify his wallet addresses via “address clustering techniques” that analyze transaction patterns.

The lawsuit refers Bloomberg’s Own coverage of “Spoiled“Physical violence used to force crypto transfers, and noted that” visibility of the public wallet increases the risk “of such attacks.

There have been this year alone 51 documented attacks Worldwide, with high -profile abductions in France, Where victims had cut off fingersand a crypto founder forced Transfer $ 500,000 In Uganda.

Bloomberg It is said that it has confirmed its intention to publish the information ‘in particular’, according to the complaint.

Sun demands a jury court and the search for court costs and lawyers in the case.