Justin Sun sues Bloomberg over Billionaire Index profile
The post Justin Sun sues Bloomberg over Billionaire Index profile appeared on BitcoinEthereumNews.com.
Justin Sun filed a lawsuit against Bloomberg on August 11, alleging that the company intended to disclose “his highly confidential, sensitive, private, and proprietary financial information.” This dispute is the result of Sun’s previous agreement to participate in the Billionaire Index, a listing of wealthy people compiled by Bloomberg. In order for Bloomberg to include Sun on this list, journalists requested additional details to allow them to verify his wealth. These details included “as comprehensive a list as you can provide of all wallet addresses controlled by Justin.” Read more: Justin Sun reveals Poloniex issues prevent proof of reserves Sun claims he also received verbal reassurance from a Bloomberg journalist that information shared would be kept confidential. Sun apparently provided these resources, and in a group chat with Bloomberg, tried to unilaterally insist that, “All information shared within the group is strictly confidential and for verification purposes only. Once the verification is complete, the data must be deleted.” He also demanded that the data be used “solely for verification and may not be used for any other purpose (including reporting),” and warned that, “We will not provide any responses beyond the verification service as that falls entirely outside the scope of simply providing data.” Despite this, Bloomberg allegedly shared the information from this disclosure with another journalist who intended to use it as part of a profile on Sun, something his team objected to. Read more: Justin Sun bailed out $500M stablecoin TUSD, report As noted by Bloomberg journalist Tom Maloney in that same group chat, “Nobody at Bloomberg agreed to the terms sent by Justin, weeks after the data was shared with us.” Eventually, someone identified in the chat as BB claims that, “Bloomberg needs Justin’s explicit consent to use his personal financial information. “It’s his privacy rights in…
Filed under: News - @ August 14, 2025 6:26 pm