Justin Sun Sues Bloomberg Over Planned Disclosure of ‘Confidential’ Crypto Assets

TRON founder Justin Sun has filed a federal lawsuit in Delaware against media giant Bloomberg, alleging the company plans to violate a confidentiality agreement by publishing detailed information about his cryptocurrency holdings — a move he claims could expose him to significant risk of theft, hacking, kidnapping, or physical harm.

Dispute Over ‘Strictly Confidential’ Data According to the lawsuit, Bloomberg approached Sun’s team in February 2025 requesting financial information to include him in the prestigious Bloomberg Billionaires Index. Sun allegedly agreed only after receiving assurances that all details about his cryptocurrency accounts and holdings would remain strictly confidential. Sun now claims Bloomberg is breaking that promise by planning to reveal specific amounts and the structure of his crypto portfolio. The lawsuit warns that such information could enable cybercriminals to trace wallet addresses using so-called “address clustering” — a method that analyzes transaction patterns to uncover links between accounts.

Risk of Attacks and Kidnappings Sun’s lawyers argue that publicly identifying his wallet addresses would increase the likelihood of ‘key attacks’ — cases where cryptocurrency owners are physically forced to transfer their assets. The lawsuit cites recent incidents, such as kidnappings in France where victims had fingers cut off, and an attack in Uganda in which a crypto founder was forced to transfer $500,000 at gunpoint. In 2025 alone, 51 such attacks have been documented worldwide.

Arguments from Both Sides Reports suggest Bloomberg journalist Muyao Shen and other team members previously assured Sun that his data would remain locked on secure servers and be used solely to verify his net worth. Sun says similar details are not normally published for other billionaires — their crypto holdings are typically presented only as aggregate amounts or based on public statements. Legal experts acknowledge that the public has a right to know about the finances of influential figures but stress that sensitive data should be protected if its disclosure poses a serious security risk.

What Sun Is Demanding The lawsuit seeks both immediate and permanent court injunctions to prevent Bloomberg from publishing the sensitive information. Sun also demands reimbursement of legal fees and court costs. According to the complaint, Bloomberg has allegedly confirmed its intent to publish the data “imminently,” which Sun’s team considers an urgent threat.

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