Bloomberg has responded to Justin Sun’s renewed motion for a temporary restraining order.

“This is a case involving a crypto billionaire who is upset because a news report said he had more of a certain cryptocurrency than he wanted the public to know — based on information that his own representatives provided on the record.”

preliminary injunction hearing in the ordinary course. There are several reasons apparent on the face of the Motion that show Plaintiff cannot possibly prevail on his Motion. First, the injunctive relief Plaintiff seeks is a clear prior restraint prohibited by the First Amendment. Temporary restraining orders and preliminary injunctions are almost never granted against journalists for what they have published or may publish; such prior restraints are permitted only in truly “exceptional cases,” such as where the speech at issue would reveal the movements of troop ships in war time. Near v. Minnesota ex rel. Olson, 283 U.S. 697, 716 (1931).2 But this is a case involving a crypto billionaire who is upset because a news report said he had more of a certain cryptocurrency than he wanted the public to know – based on information that his own representatives provided on the record. There is no colorable argument that a prior restraint could be supported here. 

Letter

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