Report: TRON Cryptocurrency Founder Acquired BitTorrent

Cointelegraph

Published Jun 11, 2018 10:19PM ET

Updated Jun 11, 2018 11:42PM ET

Report: TRON Cryptocurrency Founder Acquired BitTorrent

Software company BitTorrent Inc. has reportedly been sold to blockchain entrepreneur and developer of the TRON platform, Justin Sun, Variety reported June 11.

The acquisition ostensibly closed last week, with BitTorrent management informing staff about the deal. According to a source aware of the transaction, the company’s employees have been advised not to release any information. Variety reported that some of the stakeholders have also been contacted by the transfer agent who was hired for the deal. No financial details of the acquisition have been available as of press time.

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