Based on material from the site - By Coindoo.com
The case filed in the federal court of Delaware on August 1 is related to Bloomberg's plan to include him in its billionaire index and publish a detailed assessment of his portfolio.
Sun claims that he provided the data only to confirm his overall wealth after Bloomberg allegedly assured him—both in writing and verbally—that the details would remain confidential.
Instead, he says, the draft profile sent to him at the end of July broke down his assets by coins, including an estimate of 60 billion TRX, as well as significant amounts in Bitcoin, Ethereum, and USDT.
The founder of TRON claims that disclosing such data could expose him to serious risks, pointing to a recent spike in major cryptocurrency crimes, such as kidnappings, hacking attempts, and extortion.
Last year, incidents in France and the USA showed how cryptocurrency owners can become targets for persecution over their digital assets.
By sending Bloomberg a letter to cease unlawful actions on August 2, Sun sought a court injunction prohibiting the publication of asset data and limiting reporting to general categories.
It is reported that Bloomberg's legal team stated that they would not back down from their obligations, claiming that the information is already publicly available.
This dispute has sparked controversy in the crypto space. Some suggest that Sun's desire for secrecy may be due to regulatory, tax, or political nuances, especially considering the significant share of TRX that he allegedly controls.
Sun is now asking the court to issue temporary and permanent orders prohibiting Bloomberg from publishing specific data, as well as to reimburse his legal costs. Bloomberg claims it acted within its rights and plans to contest the lawsuit.
The outcome may determine what level of privacy well-known crypto figures can expect and how far financial media will go in disclosing their fortunes.
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