Justin Sun Sues Bloomberg Over Plans to Publish 'Confidential' Crypto Holdings
Main Idea
TRON founder Justin Sun is suing Bloomberg to prevent the publication of his detailed crypto holdings, citing risks of theft, hacking, and bodily harm.
Key Points
1. Justin Sun filed a federal lawsuit against Bloomberg to block the publication of his crypto holdings, arguing it poses significant risks like theft and kidnapping.
2. The lawsuit claims Bloomberg initially promised confidentiality but later sought detailed financial verification for its Billionaires Index.
3. Sun's legal team warns that disclosing specific crypto amounts could enable transaction pattern analysis and increase risks like 'wrench attacks' (physical coercion for crypto transfers).
4. The complaint references 51 documented global attacks in 2025, including a case where a founder was forced to transfer $500,000 at gunpoint.
5. Bloomberg journalist Muyao Shen allegedly approached Sun's team in February 2025 to feature him in the Billionaires Index, which ranks the world's 500 richest individuals.
Description
The lawsuit alleges publishing Sun’s crypto details would put him at “significant and imminent risk" of theft, hacking or kidnapping.
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