Justin Sun’s Conflict With Bloomberg Just Expanded
Justin Sun and Tron’s legal confrontation with Bloomberg has just intensified significantly, becoming considerably more intricate. Here’s what lies ahead in the legal struggle of the Tron founder.
A ruling from a federal judge along with a new statement from Justin Sun’s team have heightened the TRON founder’s clash with Bloomberg regarding the revelation of his digital currency assets.
Justin Sun’s legal conflict with Bloomberg grew this weekend when his representatives claimed that the update organization violated a confidentiality agreement.
This declaration came shortly after a federal judge in Delaware dismissed Sun’s attempt to prevent Bloomberg from disclosing information about his personal fortune.
The news was published on Sunday on TRON DAO’s Medium page. Sun’s team stated that the case revolves around “accountability” and claimed “some of what [Bloomberg] reported was clearly erroneous.”
Which Asset Figures Cited by Bloomberg Were Emphasized in Court?
On September 22, Judge Colm Connolly refused Sun’s request for a temporary restraining order and preliminary injunction. The court indicated that Sun hadn’t demonstrated a substantial likelihood of success or evidence of irreparable damage.
Sun’s legal representatives highlighted that Judge Colm F. Connolly’s denial was solely based on the rigorous standard for early injunctions, not on the merits of their case. They maintained that Bloomberg “broke a contractual confidentiality agreement” by revealing specifics of his assets.
In his ruling, Judge Connolly mentioned that Sun had not provided sufficient evidence to prove that Bloomberg had agreed to keep the information confidential. He also referenced Sun’s previous disclosures that undermined his confidentiality claim.
The decision referenced Bloomberg’s reported figures: over 60 billion TRX, approximately 17,000 BTC, 224,000 Ethereum, and 700 million USDT.
This ruling coincided with a week when Bloomberg published a significant feature on Sun, highlighting his increasing presence in U.S. political corridors.
The coverage emphasized public curiosity about his wealth and impact, illustrating why the confidentiality dispute has garnered so much interest.
Such a quandary! Justin Sun wanted to sound rich for the Billionaires list, so he divulged to Bloomberg proof that he owns 60 billion TRX. Unfortunately the supply is only 95 billion. So he freely admitted that one guy owns almost 2/3 of Tron 😂
Now he’s suing Bloomberg for……
— Bitcoin Cory 🦢 Swan.com (@coryklippsten) August 14, 2025
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What Are the Key Allegations by Justin Sun Against Bloomberg?
The ruling also included sworn statements from Bloomberg reporters, who denied making any promise of confidentiality, and noted that various asset figures aligned with external estimations and Sun’s public communications.
Sun’s lawsuit, filed in August, contends that Bloomberg unlawfully revealed private information and violated a commitment related to its Aug. 11 Billionaires Index feature.
His legal team asserts that the case is contractual, stating “the First Amendment doesn’t permit media entities to breach contracts or disseminate false information.”
According to Coingecko data, TRX traded around $0.338 on Sunday with a crypto market capitalization of $32 billion, showing minimal immediate reaction to the legal proceedings.
This case underscores the conflict between the market demand for transparency regarding a prominent crypto leader’s wealth and the concerns over privacy. As the case progresses, additional hearings are anticipated.
The matter continues in Delaware, with the court’s denial affecting only temporary measures; further evidence and additional motions might follow, or the parties may move towards a resolution.
Currently, Bloomberg’s reports remain accessible, and Sun’s team asserts it will “persist in contesting misinformation” as the process evolves.
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The article Justin Sun’s Battle With Bloomberg Just Got Bigger first appeared on 99Bitcoins.
