Justin Sun, the founder of Tron and the TRX blockchain, has filed a lawsuit against Bloomberg in Delaware federal court seeking to prevent the publication of detailed information about his cryptocurrency holdings
Justin Sun, the founder of Tron and the TRX blockchain, has filed a lawsuit against Bloomberg in Delaware federal court seeking to prevent the publication of detailed information about his cryptocurrency holdings. Sun alleges that the financial data Bloomberg plans to disclose is “highly confidential, sensitive, private, and proprietary,” and that its release would cause irreparable harm. The information was reportedly shared with Bloomberg solely for the purpose of verifying his wealth for inclusion in the Bloomberg Billionaires Index, under explicit promises of confidentiality. Sun’s legal action includes a request for a temporary restraining order, asserting that Bloomberg knowingly published false and private financial information in its billionaire rankings. Representatives for Sun have issued statements claiming that the Bloomberg Billionaires Index contains inaccurate reporting on his assets.
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Source: https://thedefiant.io/news/regulation/justin-sun-sues-bloomberg-delaware-court-to-block-disclosure-crypto-holdings-f1f526d0