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Justin Sun sues Bloomberg after report claims he owns 60% of TRON tokens

August 14, 2025Updated:August 15, 2025No Comments2 Mins Read
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Justin Sun sues Bloomberg after report claims he owns 60% of TRON tokens
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Justin Solar claims that Bloomberg publishing his pockets addresses would put him vulnerable to hacking and kidnapping.

Abstract

  • Justin Solar is suing Bloomberg over his profile within the Bloomberg Billionaires Index.
  • The report places his TRX holdings at 60 billion, or 60% of all tokens in circulation.
  • TRON Founder claims that Bloomberg promised to maintain his wallets secret.

After publishing a report on Justin Solar’s wealth, Bloomberg is going through authorized motion from the controversial billionaire. In a Wednesday, August 13 weblog publish, TRON DAO (TRON) revealed that Solar filed a restraining order towards Bloomberg. He’s in search of to take down his Bloomberg Billionaires Index profile, which supposedly misrepresents his property.

The profile, printed on August 11, places his web price at $12.4 billion, most of which is in TRX. Notably, in response to the report, Solar owns 60 billion out of 94 billion of all Tron tokens in circulation. Based on Bloomberg, Solar additionally owns 17,000 Bitcoin (BTC), 224,000 Ethereum (ETH), and 700,000 USDT.

“Bloomberg’s reporting attributes to Mr. Solar cryptocurrency holdings he has by no means owned, managed or had any useful curiosity in, and fails to report cryptocurrency holdings he does personal,” TRON DAO.

Justin Solar didn’t disclose what his precise crypto holdings are or which particular components of the profile he disputes.

Solar claims Bloomberg set to dox his wallets

Based on Solar, Bloomberg contacted him for data on his crypto holdings. He agreed to supply his pockets addresses for verification, beneath the situation that they’d not be printed.

Solar additionally sought an injunction to stop Bloomberg from revealing these addresses. Based on the criticism, publishing this data might put him vulnerable to hacking and kidnapping. To date, Bloomberg has not printed the pockets addresses.

Bloomberg’s authorized group responded by stating that they’d oppose Solar’s restraining order. They argue that Solar can not show how the profile induced hurt or that Bloomberg breached any promise to him.

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