Justin Sun Takes Legal Action Against Bloomberg Over Alleged Unauthorized Financial Data Disclosure

2025-12-26 22:20:06

BlockBeats reports that on August 14, Justin Sun initiated a lawsuit targeting Bloomberg, asserting that the media outlet intends to “unlawfully and negligently expose his highly classified, sensitive, personal, and proprietary financial records.” According to the filing, the latter obtained such information during its process of verifying Sun’s wealth for inclusion in Bloomberg’s prestigious Billionaire Index.

The lawsuit highlights concerns surrounding the unauthorized use of confidential financial data. Sun contends that Bloomberg’s plan to disclose such sensitive information constitutes a breach of privacy and confidentiality standards. The revelation underscores tensions between media institutions’ investigative practices and individuals’ rights to financial privacy, particularly when the latter involves billionaires and publicly scrutinized figures in the cryptocurrency space.

This legal dispute centers on how media organizations handle verified financial information and the extent to which the latter can be publicly disclosed without explicit consent from the subjects involved.

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