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The Swiss-based company, Crypto AG, which was founded in the 1940s as an independent firm during World War II, struck a shady deal with the CIA in 1951, subsequently became owned by the CIA in the ...
The tensions between Crypto AG and customers came to a head in 1992. Iranian communications had been vulnerable for a decade, and Iran was slowly becoming wise to the con.
New York Attorney General Letitia James has sued crypto companies Gemini, Genesis and DCG for allegedly defrauding investors out of more than $1 billion.
This in-depth report tells the story of Crypto AG, a Switzerland-based company that achieved success for its code-making machines during World War II. The company eventually became a popular ...