The founder of TRON, Justin Sun, had taken a few months ago efforts, BitTorrent, acquire the operator of the platform uTorrent. This Aqusition is not however finalized, and suspended for some time in suspense.
Torrentfreak has confirmed yesterday in a blog post, a signed Declaration of intent exists which describes that Justin Sun wants to buy the Portal-BitTorrent.
In the meantime, however, there were 3 other people interested in the significantly higher price offered when Justin Sun. Justin Sun had sued BitTorrent the beginning of the year, as the company had allegedly breached a clause from the completed Declaration of intent.
In court, the claim of a once-temporary injunction against BitTorrent by Justin Sun (was rejected BitTorrent it to ban with other potezniellen buyers to communicate), because the deadline of the Memorandum of understanding had already passed. Therefore, no obligations of the closed contract have been violated.
Declarations of intent, the company purchases provide, have often included a clause that for a specified period, no other investors or takeover talks. BitTorrent has undergone a Rebranding and is now called rain berry.
So far there is no official opinion of TRON-founder Justin Sun, so that any further development on this process for the time being, pure speculation.
The Launch of the Mainnets is imminent and the Hype. In this article, we have prepared already a list of which stock exchanges, and support the Migration of the TRON Tokens.
Within the last 24 hours, the price of TRON sideways moves and is on the editorial time 0,061 Euro. The market capitalization is just under 4 billion Euro, so that TRON space 9 of the largest crypto currencies in the world.