Justin Sun’s lawsuit against Bloomberg was denied: a U.S. judge ruled Bloomberg may publish estimated figures of Justin Sun crypto holdings — about 60 billion TRX, 17,000 BTC, 224,000 ETH and 700 million USDT — finding Sun failed to prove imminent physical or cyber threats from the disclosure.
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Judge denied emergency order blocking publication
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Filed numbers include 60 billion Tron, 17,000 Bitcoin, 224,000 Ether, 700 million Tether.
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Ruling cites Sun’s prior public disclosures and lack of proof of increased security risk.
Justin Sun crypto holdings reported; judge denies injunction, read the ruling summary and implications — updated coverage from COINOTAG.
According to court filings, Justin Sun crypto holdings included about 60 billion Tron (TRX), 17,000 Bitcoin (BTC), 224,000 Ether (ETH) and 700 million Tether (USDt) as of February; a Delaware judge denied a restraining order blocking Bloomberg from publishing those estimates.
Publication date: 2025-09-22. Updated: 2025-09-23. Author: COINOTAG.
What are Justin Sun crypto holdings as cited in the lawsuit?
Justin Sun crypto holdings cited in Delaware filings list about 60 billion TRX, ~17,000 BTC, ~224,000 ETH and ~700 million USDT as of February. The numbers appear in Bloomberg-sourced estimates used for a Billionaires Index and were central to Sun’s request for an injunction, which the court denied.
How did the court rule in Justin Sun’s lawsuit against Bloomberg?
U.S. District Judge Colm Connolly denied a temporary restraining order and preliminary injunction. The judge found Sun failed to show Bloomberg promised confidentiality and did not demonstrate that publication would create imminent safety or cybersecurity risks.
Justin Sun’s net worth, according to Bloomberg’s Billionaire Index. Source: Bloomberg
Why did the judge cite Sun’s own disclosures when denying the injunction?
The judge noted that Justin Sun previously disclosed detailed information about his Bitcoin assets on social media. That public disclosure undercuts claims that Bloomberg’s estimated figures were confidential or would uniquely elevate threats such as hacking, kidnapping, or social engineering.
Was Bloomberg shown to have promised confidentiality?
No. The court found insufficient evidence that Bloomberg promised Sun the data would remain private. Sun’s lawyers argued the figures were “unverified, confidential and private,” but the filings did not establish a binding confidentiality agreement.
How does this ruling affect ongoing regulatory scrutiny of Justin Sun?
Sun remains under regulatory and congressional scrutiny. The SEC previously filed a civil complaint alleging offerings of unregistered securities involving Sun and related projects. Separately, members of Congress have questioned the SEC’s case handling and potential conflicts tied to business links involving Sun’s investments.
What are the immediate implications for market transparency and privacy?
The ruling reinforces precedent that public disclosures and third‑party estimates can be published absent contractual confidentiality. Market participants should expect continued reporting on high‑profile holders, while individuals seeking privacy must avoid public disclosures that could weaken legal protections.
Frequently Asked Questions
Did Justin Sun prove Bloomberg promised confidentiality?
No. The court found no convincing evidence that Bloomberg had agreed to keep the information private, and therefore denied Sun’s request to enjoin publication.
What specific cryptocurrency amounts were mentioned in the court filings?
Court documents listed approximately 60 billion TRX, 17,000 BTC, 224,000 ETH and 700 million USDT as the cited holdings, noted for Bloomberg’s Billionaires Index reporting.
Key Takeaways
- Court decision: Injunction requests were denied; Bloomberg may publish estimated holdings.
- Disclosed figures: 60B TRX, ~17,000 BTC, ~224,000 ETH, ~700M USDT were cited in filings.
- Privacy vs. transparency: Public self-disclosures weaken legal claims of confidentiality; security measures remain essential.
Conclusion
The Delaware ruling underscores the limits of legal protection when high-profile individuals publicly share asset details. Justin Sun’s lawsuit against Bloomberg over the publication of Justin Sun crypto holdings was rejected, leaving reporting and regulatory scrutiny intact. Stakeholders should monitor regulatory updates and adopt stronger operational security to manage disclosure risks.
