TRON’s Justin Sun Sues Bloomberg: Can You Keep a Secret? Apparently Not!

In a twist that sounds like it was pulled straight from a financial soap opera, TRON’s very own Justin Sun has decided to take Bloomberg to court. Yes, the same Bloomberg that loves to tell us who’s rolling in cash, is now the target of a lawsuit in Delaware federal court. The crime? Allegedly breaking a confidentiality promise and preparing to spill the beans on Sun’s entire cryptocurrency portfolio. All that juicy coin-by-coin detail? Not so much.

The 14-page complaint, filed with all the drama of a courtroom thriller, alleges that this saga started when Bloomberg, apparently looking to add a bit of spice to its Billionaires Index (which, by the way, tracks the world’s 500 richest people-nothing too impressive, just 500 people who could probably buy your city), wanted Sun’s financial secrets. Sun agreed to spill the beans only after Bloomberg promised, in writing and over coffee or whatever, that his crypto holdings would remain top-secret. Cross our hearts and hope to be hacked, right?

According to the filing, Sun was given assurances by Bloomberg’s best and brightest reporters, including a rather ‘private’ message that promised to keep the details under wraps and delete them once everything was verified. They even made him check out other billionaire profiles to make sure they weren’t going all ‘coin-by-coin’ with everyone else. Apparently, Bloomberg didn’t get the memo about ‘secrecy’ when it came to cryptos. Whoops!

But wait, there’s more! The lawsuit goes on to claim that the draft profile sent to Sun was riddled with inaccuracies (I mean, who hasn’t received a draft filled with mistakes?). Plus, it had a very public listing of Sun’s crypto assets-details that were supposed to stay locked away tighter than Fort Knox. Sun, ever the worried billionaire, claims that publishing this info could lead to hacking, extortion, and maybe even someone trying to steal his gold-plated sneakers. Not a fan of the paparazzi, apparently.

Sun’s lawyers weren’t shy about taking action. On August 2, they sent a cease-and-desist letter, asking Bloomberg to stick to just his overall net worth and broad asset categories-nothing too specific, please. Bloomberg’s response? “We’re publishing those juicy details *imminently*.” Oh, the suspense!

Now, in true courtroom fashion, Sun is asking for a temporary restraining order to prevent Bloomberg from going full ‘expose mode.’ He’s also requesting the court award legal fees, accusing Bloomberg of leaking private info like a bad Netflix documentary.

Justin Sun has filed a lawsuit against Bloomberg, claiming they plan to “recklessly and improperly disclos[e] his highly confidential, sensitive, private, and proprietary financial information,” obtained while verifying his assets for the Bloomberg “Billionaires Index.”

– Molly White (@molly0xFFF) August 13, 2025

The saga caught the public’s eye when software engineer and crypto commentator Molly White shared the court filing on X (formerly Twitter). White highlighted Sun’s allegations, quoting him as saying that Bloomberg’s plan to expose his financials was “reckless” and “improper.” Sounds like someone’s a little upset about their privacy.

This legal showdown has ignited a firestorm of debate in the crypto community about how much financial publications should be allowed to disclose about digital asset holders. The burning question? When does the public’s right to know about billionaires’ wealth cross into violating personal security? Time to call in the lawyers, folks.

Read More

2025-08-14 05:44