
{"id":100288,"date":"2025-09-27T23:40:30","date_gmt":"2025-09-27T23:40:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=100288"},"modified":"2025-09-27T23:40:30","modified_gmt":"2025-09-27T23:40:30","slug":"justin-suns-battle-with-bloomberg-just-got-bigger","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=100288","title":{"rendered":"Justin Sun\u2019s Battle With Bloomberg Just Got Bigger"},"content":{"rendered":"<p>Justin Sun and Tron\u2019s legal battle with Bloomberg just got a lot bigger and a whole lot more complex. Here\u2019s what\u2019s next in the Tron founder\u2019s legal dispute.<\/p>\n<p><span>A federal judge\u2019s order and a fresh salvo from Justin Sun\u2019s camp have escalated the TRON founder\u2019s fight with Bloomberg over the disclosure of his crypto holdings.<\/span><\/p>\n<p><span>TRON founder Justin Sun\u2019s legal dispute with Bloomberg deepened this weekend after his representatives accused the news outlet of breaking a confidentiality promise.\u00a0<\/span><\/p>\n<p><span>The statement came days after a Delaware federal judge rejected Sun\u2019s request to block Bloomberg from publishing details of his personal wealth.<\/span><\/p>\n<p><span>The update was <\/span><a class=\"general-link\" href=\"https:\/\/trondao.medium.com\/justin-suns-representatives-issue-statement-regarding-bloomberg-s-breach-of-its-confidentiality-e5936fe0ffac\" target=\"_blank\" rel=\"noopener\"><span>posted<\/span><\/a><span> on Sunday on TRON DAO\u2019s Medium page. Sun\u2019s team said the case is about \u201caccountability\u201d and claimed \u201csome of what [Bloomberg] published was blatantly inaccurate.\u201d<\/span><\/p>\n<h2>What Asset Figures Reported by Bloomberg Were Highlighted in Court?<\/h2>\n<p><span>On September 22, Judge <a class=\"general-link\" href=\"https:\/\/en.wikipedia.org\/wiki\/Colm_Connolly\" target=\"_blank\" rel=\"noopener\">Colm Connolly<\/a> denied Sun\u2019s bid for a temporary restraining order and preliminary injunction. The court said Sun had not shown a strong chance of winning or proof of irreparable harm.\u00a0<\/span><\/p>\n<p><span>Sun\u2019s legal team stressed that Judge Colm F. Connolly\u2019s denial was based only on the high bar for early injunctions, not on the strength of their case. They argued that Bloomberg \u201cbroke a contractual promise of confidentiality\u201d in publishing details of his holdings.<\/span><\/p>\n<p><span>In his <\/span><a class=\"general-link\" href=\"https:\/\/docs.justia.com\/cases\/federal\/district-courts\/delaware\/dedce\/1%3A2025cv01007\/90290\/39\" target=\"_blank\" rel=\"noopener\"><span>order<\/span><\/a><span>, Judge Connolly said Sun had not shown enough proof that Bloomberg agreed to keep the information private. He also pointed to Sun\u2019s own prior disclosures that weakened his claim to confidentiality.\u00a0<\/span><\/p>\n<p><span>The ruling cited Bloomberg\u2019s reported numbers: more than 60Bn TRX, about 17,000 BTC, 224,000 ETH, and 700M USDT.<\/span><\/p>\n<p><span>The court decision came the same week <\/span><a class=\"general-link\" href=\"https:\/\/www.bloomberg.com\/news\/features\/2025-09-26\/crypto-billionaire-justin-sun-went-from-pariah-to-trump-moneyman\" target=\"_blank\" rel=\"noopener\"><span>Bloomberg ran a prominent feature<\/span><\/a><span> on Sun, detailing his growing profile in US political circles.\u00a0<\/span><\/p>\n<p><span>The coverage highlighted public interest in his wealth and influence, underscoring why the dispute over confidentiality has drawn so much attention.<\/span><\/p>\n<p><blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">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 \ud83d\ude02<br><br>Now he\u2019s suing Bloomberg for\u2026\u2026<\/p>&mdash; Bitcoin Cory \ud83e\udda2 Swan.com (@coryklippsten) <a href=\"https:\/\/twitter.com\/coryklippsten\/status\/1955870557846610302?ref_src=twsrc%5Etfw\">August 14, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coins\/\" target=\"_blank\" rel=\"noopener\">9+ Best Memecoin to Buy in 2025<\/a><\/p>\n<h2>What Are Justin Sun\u2019s Main Allegations Against Bloomberg?<\/h2>\n<p><span>The order also cited sworn statements from Bloomberg journalists, who denied making any confidentiality pledge, and noted that some of the asset figures matched outside estimates and Sun\u2019s public posts.<\/span><\/p>\n<p><span>Sun\u2019s lawsuit, <\/span><a class=\"general-link\" href=\"https:\/\/www.law.com\/delbizcourt\/2025\/08\/14\/crypto-billionaire-justin-sun-sues-bloomberg-over-wealth-report\/?slreturn=20250927175300\" target=\"_blank\" rel=\"noopener\"><span>filed in August,<\/span><\/a><span> alleges that Bloomberg unlawfully disclosed private facts and broke a promise tied to its Aug. 11 Billionaires Index profile.\u00a0<\/span><\/p>\n<p><span>His team insists the case is contractual, saying \u201cthe First Amendment does not give media companies a right to breach contracts or spread misinformation.\u201d<\/span><\/p>\n<p><span>As per <\/span><a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/tron\" target=\"_blank\" rel=\"noopener\"><span>Coingecko data,<\/span><\/a><span> TRX traded near $0.338 on Sunday with a market cap of $32Bn, showing little immediate reaction to the legal fight.<\/span><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-trx\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Tron<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">TRX<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$29.12B<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\">24h<\/span><span class=\"cpp-chart-selector\">7d<\/span><span class=\"cpp-chart-selector\">30d<\/span><span class=\"cpp-chart-selector\">1y<\/span><span class=\"cpp-chart-selector\">All time<\/span><\/div>\n<\/div>\n<\/div>\n<p><span>The case highlights the tension between transparency about a high-profile crypto executive\u2019s wealth and claims of privacy. As the dispute moves forward, more hearings are expected.<\/span><\/p>\n<p><span>The case continues on the merits in Delaware. The court\u2019s denial applies only to interim relief; discovery and further motions could follow, or the parties could move toward settlement.\u00a0<\/span><\/p>\n<p><span>For now, Bloomberg\u2019s reporting remains online, and Sun\u2019s camp says it will \u201ccontinue to challenge misinformation\u201d as proceedings unfold.<\/span><\/p>\n<p>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-binance-listings\/\" target=\"_blank\" rel=\"noopener\">16+ New and Upcoming Binance Listings in 2025<\/a><\/p>\n<p><a href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/justin-suns-battle-with-bloomberg-just-got-bigger\/\">Justin Sun\u2019s Battle With Bloomberg Just Got Bigger<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Justin Sun and Tron\u2019s legal battle with Bloomberg just got a lot bigger and a whole lot more complex. Here\u2019s what\u2019s next in the Tron founder\u2019s legal dispute. A federal judge\u2019s order and a fresh salvo from Justin Sun\u2019s camp have escalated the TRON founder\u2019s fight with Bloomberg over the disclosure of his crypto holdings. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-100288","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/100288"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=100288"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/100288\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=100288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=100288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=100288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}