China Insider
Business

Justin Sun Sues Bloomberg After His $9.6B Crypto Fortune Gets Exposed

Crypto Billionaire Justin Sun Sues Bloomberg After His $9.

Crypto Billionaire Justin Sun Sues Bloomberg After His $9.6B Fortune Gets Exposed

Main Body:

Crypto entrepreneur Justin Sun—the founder behind Tron—is back in the headlines, now for suing Bloomberg in Delaware federal court. Bloomberg’s Billionaires Index exposed his $9.6 billion crypto fortune, including a detailed breakdown of individual wallets that Sun claims were shared under strict confidentiality 🚨.

Sun was born in Xining—a remote city in Qinghai, China—and later moved to Huizhou, Guangdong. His dad worked as a mid-level manager at a local planning bureau, while his mom was a primary school teacher who later became a reporter. After his parents divorced, his mother moved to Italy, leaving Sun to lean on his dad for both emotional and financial support—shaping his image as self-made.

He went on to study at Peking University and the University of Pennsylvania, and built a resume packed with headline-grabbing moments—from paying millions for (then canceling) a lunch with Warren Buffett, to eating a $6.2 million duct-taped banana, to dropping $28 million to fly to space. Sun has a flair for staying center stage 🌍.

In his lawsuit, he claims Bloomberg ignored his request to limit reporting to just his total net worth and instead published inaccurate details that he says could expose him to hacking or worse. Bloomberg counters that the piece was already published before Sun could halt it, and invokes First Amendment protections.

Whether in court, on a Forbes cover, or aboard a rocket, Justin Sun knows how to keep all eyes on him 👀💸.

Want the next one in your inbox?

One email, every Sunday. The viral, the important, and the weird.

Read more.