this post was submitted on 27 Feb 2025
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Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ
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The parent company, bittorrent Inc got purchased by a serial crypto scammer Justin Sun at some point.
In March 2022, the SEC charged Rainberry with fraud for selling cryptocurrencies Tronix (TRX) and BitTorrent (BTT) as unregistered securities.
I think the SEC dropped all charges recently because the literal US government got on the payroll of Tether Inc, which basically runs the crypto show. Justin is just one of the appendages to the scheme.