Tron to acquire BitTorrent Inc, a new positive news for the crypto
Tron to acquire BitTorrent Inc, a new positive news for the crypto
Crypto

Tron to acquire BitTorrent Inc, a new positive news for the crypto

By Amelia Tomasicchio - 26 May 2018

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The TRON founder, Justin Sun, as reported by TorrentFreak, will buy BitTorrent Inc, better known for BitTorrent Inc. the popular client that boasts over 100 million users.

At the beginning of 2018, Sun had sued BitTorrent Inc, – which was recently renamed Rainberry – for violating a “No Shop” clause for a letter of intent signed last January.

tron bittorrent

After this letter of intent, David Chao of BitTorrent told Sun that the company had received three better offers from other companies with which Sun requested to cease all communication.

At the time of the exclusive letter of intent last February, Sun registered the company called “Rainberry Acquisition.”

According to BitTorrent, however, the acquisition was not yet finalized.

Amelia Tomasicchio

As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for Cointelegraph and CMO at Eidoo. She is now the co-founder and editor-in-chief of The Cryptonomist. She is also a marketing teacher at Digital Coach in Milan and Business Developer at Huobi for the Italian market.

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