TRON Founder Suing Bloomberg Over Crypto Wealth Confidentiality

According to an article in Decrypt, TRON founder Justin Sun has taken Bloomberg to federal court in Delaware over alleged wealth confidentiality breaches (Sun, Yuchen Dustin v. Bloomberg, Inc.).

Sun claims that the media outlet is poised to violate confidentiality promises by disclosing sensitive details about his cryptocurrency holdings.

Sun argues that the planned publication could expose him to heightened risks of theft, hacking, and even physical harm, given the traceability of wallet addresses linked to disclosed balances.

The lawsuit seeks to enjoin Bloomberg from publishing the data. It highlights the unique risks associated with disclosing granular financial information in the digital asset space.

According to the complaint, Bloomberg initially approached Sun in February 2025 about featuring him in its Billionaires Index, a ranking of the world’s wealthiest individuals.

Sun says he was hesitant to participate because of his substantial crypto holdings, but eventually agreed after receiving explicit assurances that any financial disclosures would remain confidential.

He says his team repeatedly emphasized that the information provided was strictly for verification purposes and not for publication.

Bloomberg reporters allegedly reassured him, including in secure Telegram chats, that wallet address files would remain internal.

The lawsuit contends that Bloomberg’s intent to release Sun’s detailed holdings departs from how it typically presents billionaire wealth, which often aggregates crypto assets into lump sums or relies on public statements.

Sun’s lawyers argue that granular disclosures would enable malicious actors to identify wallet addresses through clustering techniques, thereby raising the likelihood of so-called “wrench attacks,” which involve physical assaults to coerce transfers.

The complaint cites Bloomberg’s own prior reporting on such risks to illustrate the potential for real-world harm.

The case raises legal questions about confidentiality agreements and contractual enforcement. If it goes to trial, the issue of the duty of care owed when sensitive financial data intersects with public interest journalism will likely arise.