Referring to insider information, Variety published a message that CEO of the TRON project, Justin Sun, acquired the BitTorrent corporation. The purchase took place seven days ago, when BitTorrent employees were informed. However, the management recommended not to disclose these news and official confirmation has not yet been received. The financial details of the deal are also unknown.
Information about the possible deal appeared in September 2017, when Sun held negotiations with BitTorrent owners. Then it was reported that the deal was planned for January, but due to the fact that the BitTorrent management entered into negotiations with other potential buyers, Sun received a temporary ban on trade.
To complete the transaction, San registered Rainberry Acquisition Inc, which later was supposed to be BitTorrent. The information about the deal seems to be reliable due to the fact that both companies applied for a change in the status and the merger on the same day. However, all the key participants of this financial transaction are still silent and no confirmations or comments have been received from them.