A US judge has set Tron founder and CEO Justin Sun’s lawsuit against Bloomberg back a peg after denying a temporary restraining order and injunction over publishing information about his cryptocurrency holdings.
In a Monday filing in the US District Court for the District of Delaware, Judge Colm Connolly sided with Bloomberg in Sun’s lawsuit over “disclosed amounts of specific cryptocurrency he owns.” According to the filings, the holdings included about 60 billion Tron (TRX), 17,000 Bitcoin (BTC), 224,000 Ether (ETH) and 700 million Tether (USDt).
The publication had reached out to Sun’s team in February to gather information about the Tron founder’s wealth for its Billionaires Index.
Sun claimed Bloomberg planned to publish “specific financial holdings” which were “unverified, confidential and private,” and filed a complaint seeking relief on Aug. 11. After saying he and Bloomberg were “engaged in…
