- A U.S. judge denied Justin Sun’s request to block Bloomberg from publishing details about his cryptocurrency assets.
- Judge Connolly found Sun did not prove that sharing this information would increase risks or that Bloomberg promised confidentiality.
- The court noted Sun himself had publicly shared similar or even more detailed crypto ownership information.
- Sun remains under scrutiny by U.S. lawmakers over separate SEC actions and alleged connections to Trump-related crypto ventures.
A U.S. District Court judge in Delaware has rejected an attempt by Tron founder and CEO Justin Sun to stop Bloomberg from publishing information about his cryptocurrency holdings. The decision came after Sun sought a temporary restraining order and injunction over the disclosure of his digital asset figures.
Court documents show Bloomberg planned to report Sun’s holdings for its Billionaires Index, including 60 billion Tron (TRX), 17,000 Bitcoin (BTC), 224,000 Ether (ETH), and 700 million Tether (USDt). Bloomberg approached Sun’s team in February to verify his wealth before publication.
Judge Colm Connolly ruled that Sun did not show Bloomberg had agreed to keep his holdings private. The judge also said Sun failed to prove that sharing the amounts would increase risks such as Hacking, phishing, or personal harm. Connolly noted, “Sun himself has disclosed far more specific information about his Bitcoin holdings than what Bloomberg published.”
The dispute follows a complaint Sun filed in August, which asked the court to prevent Bloomberg from reporting the amounts of his cryptocurrencies. After earlier discussions, Sun’s legal team renewed the request for an injunction in September, but the judge declined both the restraining order and injunction. Sun’s own previous detailed public disclosures—especially on social media—were cited as reasons for the court’s decision.
The outcome leaves open whether Sun will continue to pursue legal action against Bloomberg. Sun has also faced scrutiny from two U.S. lawmakers, who recently questioned the SEC’s decision to halt its case alleging Sun offered unregistered securities. The lawmakers cited Sun’s significant crypto investments connected to ventures tied to former President Trump and his family, such as World Liberty Financial and a Trump-affiliated memecoin.
For additional details, refer to: court documents and Bloomberg’s Billionaire Index profile of Justin Sun.
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