Rainberry, Inc.,[3] formerly known as BitTorrent, Inc., is an American company responsible for μTorrent and BitTorrent Mainline.[4][5] The company was founded on September 22, 2004 by Bram Cohen and Ashwin Navin. It was successful during the Great Recession under the leadership of CEO Eric Klinker. In 2018, the company was acquired by cryptocurrency startup TRON,[6] and Bram Cohen left the company.[7][8] In March 2022, the SEC charged Rainberry with fraud for selling cryptocurrencies Tronix (TRX) and BitTorrent (BTT) as unregistered securities.[9]