Founder of TRON Cryptocurrency Quietly Acquires BitTorrent

[kreslik.news]

Justin Sun, developer of the TRON blockchain platform, has reportedly acquired software company BitTorrent Inc., developers and maintainers of peer-to-peer file transfer protocol BitTorrent.

Variety reported on June 11 that the deal is thought to have been quietly closed last week, announced unceremoniously with an email from BitTorrent’s management to staff confirming that the acquisition was complete; certain company stakeholders were also made aware of the switch by the transfer agent who finalized the deal. BitTorrent employees were advised not to publicly release any information.

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Talks Began in September

News that TRON was interested in acquiring ... (read more)