I don’t use that client either - But to be fair the dev (Kevin Hearn) has a long history with P2P software e.g. depending how old you are you may have used his WinMX software back in the day. He isn’t known for sticking spyware/malware into his software so I sort of trust the software he puts out in that sense. He also maintains other non-torrent P2P file sharing software outside of Tixati.
Of course it would be better if it was open source but he’s never been an open source coder AFAIK.
Yikes, not great for all those employees that moved their entire lives out to TX just to get laid off. They weren’t even working in TX long enough to qualify for unemployment. Hopefully they were getting paid enough to deal with relocation and maybe have enough saved up to get the hell out of TX after this.