Court Denies Justin Sun’s Attempt to Stop Bloomberg from Revealing His $3B+ Crypto Portfolio

A federal court has rejected Justin Sun’s legal attempt to prevent Bloomberg from disclosing financial information about his crypto assets valued at over $3 ￰0￱ a September 22 ruling filed in the ￰1￱ Court for the District of Delaware, Judge Colm Connolly ruled in favor of Bloomberg in Sun’s lawsuit challenging the publication’s disclosure of his digital asset holdings.), 17,000 Bitcoin (BTC), 224,000 Ether (ETH), and 700 million Tether (USDT). Bloomberg contacted Sun’s team in February for its Billionaires ￰2￱ after publication, Sun filed a complaint and motion for a restraining order, then withdrew the motion three days later, citing ongoing ￰3￱ Sun has filed a lawsuit against Bloomberg, claiming they plan to “recklessly and improperly disclose his highly confidential, sensitive, private, and proprietary financial information,” obtained while to verify his assets for the Bloomberg “Billionaires Index”. ￰4￱ — Molly White (@molly0xFFF) August 13, 2025 After negotiations failed, Sun filed a renewed motion on September 11, demanding Bloomberg “ remove the amounts of any specific cryptocurrency owned by ￰5￱ from any of its online publication .” Sun specifically demanded that Bloomberg retract its claim that he owns 60 billion TRX and controls the majority of the supply and stop publishing his crypto holdings in the ￰6￱ alleged that reporter Muyao Shen promised that the information would remain “ strictly confidential and would only be used to verify his personal assets for the Billionaires Index profile. “ Bloomberg disputed this through sworn ￰7￱ stated she made no “promises of confidentiality regarding any aspects of Bloomberg’s coverage of Mr.

Sun.” Team members Dylan Sloan and Tom Maloney made similar ￰8￱ Favors Bloomberg Chat screenshots from Bloomberg’s interview process did not establish any confidentiality promise, Judge Connolly found.) May 20, 2025 The Tron founder faces a lawsuit filed by the ￰9￱ and Exchange Commission (SEC) in 2023, alleging that his Tron cryptocurrency company offered unregistered ￰10￱ President Donald Trump’s inauguration and the departure of former SEC Chair Gary Gensler, the agency requested a stay in the ￰11￱ then, the Chinese-born cryptocurrency entrepreneur has been acquiring stakes in ventures affiliated with President ￰12￱ May, Sun attended a presidential gala outside Washington, D.

C., reserved for holders of President Trump’s official ￰13￱ was reported to be the investor with the largest holdings of Trump meme ￰14￱ later disclosed that he received a Trump-branded Golden Tourbillon watch for being the top holder of President Donald Trump’s memecoin.