WebThe BND sold its 50% stake in Crypto AG to the CIA, which finally dissolved the company in 2024. By then, the company had long ceased to be a market leader, and US spy agencies were already ... WebFeb 12, 2024 · Backstory. Crypto AG was a company located in Switzerland that specialized in communication security. They produced a number of encryption machines …
CIA Ownership Of Encryption Company Warrants Congressional Review - Forbes
WebOperation Rubicon: the most successful intelligence heist of the 20th Century In June 1970, the American Central Intelligence Agency (CIA) in partnership with the German intelligence agency Bundesnachrichtendienst (BND) secretly purchased the Swiss coding machine manufacturer, Crypto AG. WebFeb 11, 2024 · In 1970, the CIA set in motion a plan to secretly buy Crypto AG with West Germany’s spy agency, the BND. In the two decades since, Crypto AG’s sales flourished as the company sold new ... d2r boot crafting
How the CIA and Germany
Web2 days ago · A former Deutsche Bank investment banker is facing up to 20 years behind bars for allegedly committing crypto fraud. Registered broker Rashawn Russell, 27, was arrested yesterday and will be arraigned today in a New York court, the Justice Department said Tuesday. Russell is charged with conning a number of investors into believing that … WebSep 9, 2024 · The CIA and the BND bought the company on June 4 1970 for 25 million Swiss francs. Hagelin Sr. then resigned from the board. Beside himself, only Boris Jr. and Sture Nyberg — to whom Hagelin had turned over day-to-day management — knew the CIA and the BND had acquired Crypto AG. WebFeb 13, 2024 · The Washington Post dropped a bombshell on Tuesday with its late-breaking story about a Swiss encryption company, Crypto AG, that was jointly-owned by the CIA and the BND, West Germany’s... d2r bot 2023