Judge Denies Sun’s Bid to Block Bloomberg’s Crypto Holdings

Published: 2025-09-25 10:24:20 |

A U.S. District Court judge has denied Tron founder Justin Sun’s request for a temporary restraining order to block Bloomberg from disclosing his crypto holdings. Bloomberg had verified Sun’s portfolio—60 billion TRX, 17 000 BTC, 224 000 ETH and 700 million USDT—for its Billionaires Index and planned to publish the figures. Sun argued publishing unverified data would increase hacking and security risks, but the court found no confidentiality agreement and noted Sun had previously disclosed his BTC holdings. The ruling allows Bloomberg to proceed and underscores growing transparency in major crypto holdings. The case adds to Sun’s ongoing U.S. legal battles, including an SEC lawsuit over unregistered securities and a token freeze dispute with WLFI.

Neutral

This legal ruling focuses on disclosure of holdings rather than altering the underlying crypto fundamentals. While increased transparency may support market trust, the decision does not directly affect supply-demand dynamics for TRX or other assets, suggesting a neutral impact in both short-term trading and long-term valuation.