The Swiss company, Crypto AG, was secretly owned by the CIA

[KJK]

Note this is not related to "crypto" as in bitcoin or blockchain. This is about a Swiss privacy company that did the exact opposite of what was hoped for

https://www.washingtonpost.com/graphics/2020/world/national-security/cia-crypto-encryption-machines-espionage/

For more than half a century, governments all over the world trusted a single company to keep the communications of their spies, soldiers and diplomats secret.

The company, Crypto AG, got its first break with a contract to build code-making machines for U.S. troops during World War II. Flush with cash, it became a dominant maker of encryption devices for decades, navigating waves of technology from mechanical gears to electronic circuits and, finally, silicon chips and software.

The Swiss firm made millions of dollars selling equipment to more than 120 countries well into the 21st century. Its clients included Iran, military juntas in Latin America, nuclear rivals India and Pakistan, and even the Vatican.

But what none of its customers ever knew was that Crypto AG was secretly owned by the CIA in a highly classified partnership with West German intelligence. These spy agencies rigged the company’s devices so they could easily break the codes that countries used to send encrypted messages.

 

[Martin Everson]

So when is it going to be revealed finally that the CIA created Bitcoin?

https://geopolitics.co/2018/01/20/bitcoin-is-us-dollar-2-0-created-by-cia-kaspersky-co-founder/

 

[Spinat]

It will never be because the CIA didn't had any reason for doing so Anyway, I believe it make good sense for the government intelligent services around the globe to have a honey pot, Crypto AG may be exactly that.