It has been reported that BitTorrent Inc., operator of torrent client uTorrent is in the process of being acquired by Justin Sun. A few months ago Sun filed a lawsuit against BitTorrent Inc. for reportedly violating a “No Shop” clause from a letter of intent he had signed in January, however, the court dismissed Sun’s request for a restraining order for BitTorrent to cease communications with other potential buyers. BitTorrent confirmed that the acquisition has not been finalized yet.