Tron Founder Sun Purchases File-Sharing Pioneer BitTorrent

Justin Sun, founder of Tron and its TRX cryptocurrency, just purchased BitTorrent, a pioneering file-sharing company. TorrentFreak first reported rumors of the acquisition last month, saying that Sun was pursuing the company. After starting talks with BitTorrent in September last year, Sun signed a letter of intent to purchase the company in January. Meanwhile, BitTorrent began speaking with other suitors, leading Sun to file a temporary restraining order, asserting that BitTorrent agreed not to pursue other offers. Continue reading Tron Founder Sun Purchases File-Sharing Pioneer BitTorrent