
Justin Sun, founder of the Tron blockchain, has taken legal action against Bloomberg, suing the media outlet for publishing a report on his net worth as part of its Billionaires Index. The lawsuit claims that the data published is inaccurate and includes “highly confidential, sensitive, private, and proprietary financial information” about his cryptocurrency holdings.
According to Sun’s complaint, he was initially approached by a Bloomberg journalist in February 2025 regarding inclusion in the index, with assurances that all provided information would remain confidential. However, the report released on Monday claimed that most of his net worth comes from cryptocurrency, particularly TRX, the native token of Tron.
The lawsuit alleges that this information is false and that it has been “prepared to be published” despite Bloomberg’s earlier promises of confidentiality. Sun claims that this could lead to harm towards him and his family, including theft, hacking, kidnapping, and bodily harm.
Bloomberg, in response, has pushed back on the request for a restraining order, stating that the report was already published nearly two hours before Sun filed his motion. The outlet also argued that it cannot prove the invasion of privacy or irreparable harm caused by the publication.
The lawsuit is a significant development in the ongoing debate around cryptocurrency and wealth transparency.
Source: coinchapter.com