TRON founder Justin Sun has filed a lawsuit against Bloomberg in federal court in Delaware regarding alleged confidentiality breaches related to his cryptocurrency portfolio.
Conflict Background
The lawsuit was filed on August 1 and is 14 pages long. The conflict began when Bloomberg expressed a desire to include Sun in its Billionaires Index. Sun agreed to provide information about his holdings on the condition of confidentiality, as he was repeatedly assured in writing and verbally.
Details of the Lawsuit
The lawsuit claims that internal Bloomberg messages confirm the agreement to limit access to the figures and delete them after verification. However, a draft profile sent to Sun in late July included a detailed listing of his crypto assets and numerous inaccuracies. Sun claims that publishing this information would breach their agreement and could jeopardize his safety.
Public Attention and Implications
The lawsuit garnered public attention after software engineer and crypto commentator Molly White shared the filing on social media. The dispute has sparked a broader debate about the boundaries of financial publications in reporting the wealth of digital asset holders.
The situation surrounding Justin Sun's lawsuit against Bloomberg raises crucial questions about financial information confidentiality and the ethics of journalism in the cryptocurrency space.
