Justin Sun, the founder of the Tron blockchain, has initiated legal action against Bloomberg, seeking a temporary restraining order over allegedly false financial details published in the Bloomberg Billionaires Index. In a blog post by Tron, Sun claimed that the profile released included “inaccurate data” about his financial assets, which he said misrepresented his wealth. Sun's lawsuit contends that Bloomberg did not uphold assurances regarding the confidentiality of his financial information, particularly related to his cryptocurrency assets. He stated that Bloomberg's reporting included erroneous information about crypto holdings he has never possessed while omitting details about holdings he does own. Sun also expressed concerns that the publication of such information risks significant harm, including exposure to theft and personal safety threats. Bloomberg's legal response argues against the restraining order, stating that the information was published before Sun filed the request and asserting First Amendment rights to report. Additionally, Bloomberg disclosed that Sun's net worth primarily comes from his TRX holdings, assigning a low confidence rating to its analysis of Sun’s financial condition.

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