Justin Sun, founder of the blockchain platform Tron, has filed a lawsuit against Bloomberg, claiming that the disclosure of his cryptocurrency assets poses safety threats.
Lawsuit Against Bloomberg
Sun filed a lawsuit in the US District Court for the District of Delaware, seeking to block what he calls confidential financial information from being published. Sun's representatives argue that Bloomberg 'recklessly and improperly' disclosed sensitive details about his wealth, including the amounts of various cryptocurrencies.
He claims this disclosure could cause him 'significant and irreparable harm' both financially and physically.
Bloomberg's Response
Bloomberg rejected Sun's claims, stating that he filed the request to block publication after the article had already been released. Bloomberg's lawyers highlighted concerns about press freedom, calling Sun's efforts 'moot' since the information was already public. The court documents from Bloomberg noted the low confidence rating given to their report regarding Sun's wealth.
Media Conflict History
This conflict with Bloomberg is not the first for Sun. In 2023, he had a dispute with CoinDesk, leading to the removal of an article about his actions involving a purchased artwork. This situation resulted in strained media relations and the dismissal of several senior editors.
Sun's lawsuit against Bloomberg underscores the fraught relationships between public figures in the cryptocurrency sector and the media, as well as privacy concerns around financial information.
