For 50 Years Nobody Knew That Swiss Based Crypto AG Was Owned By the CIA..

(National Security Archive, February 11, 2020) “The company, founded in the 1930s by Swedish inventor, Boris Hagelin, already had a longstanding “gentlemen’s understanding” with the National Security Agency dating back to the early 1950s, according to the Post report. But, through their secret CIA/BND ownership, the U.S. and Germany “rigged the company’s devices so they could easily break the codes that countries used to send encrypted messages,” the Washington Post reported, generating a wealth of intelligence intercepts from countries around the world, among them Iran, Egypt, Pakistan, Saudi Arabia and Italy. In 1995, the CIA secretly bought out the BND’s stake for $17 million, and owned Crypto AG outright until only two years ago when its remaining assets were liquidated”. Read more

Image source:

Leave a Reply

%d bloggers like this: