The constant rise of technology had encouraged crypto and Blockchain enthusiasts to develop private solutions that can enhance their payment and messaging procedures. However, despite having plenty of resources to do so, these sectors had proven and tested that getting and securing valuable information is not just a piece of cake. But just recently, there had been a controversial revelation that could change how crypto and Blockchain enthusiasts see the world. According to a report, the U.S Central Intelligence Agency (CIA) had been accessing global private information since World War II.
The Washington Post revealed on February 11 that a Swiss company named Crypto AG began its operations in the late 1930s. For so long, this company presented itself to the public eye as a neutral party that develops and offers encrypted communications solutions to more than 120 nations worldwide.
The big reveal
Crypto AG, as the publication emphasized, is more than what it seems. Behind the public’s watchful eyes sits the CIA and BND, a German secret service group. Notably, these entities are the actual owners of the company. They monitored all communications behind the scenes.
Crypto AG’s dealing with different countries notably brought the spy agencies a tremendous amount of private data that concerns major historical and political events such as the 1979 Iran Hostage Crisis and the Falklands War. This secret mission was first coined “Thesaurus,” but both agencies later decided to change it to “Rubicon.”
The Washington Post also stressed that the intelligence operation of the two spy agencies continued up until the early 1990s. Then, the CIA became the sole owner of Crypto AG after BND decided to sell its share. The secret mission continued until 2018. Notably, the CIA realized that its efforts are unnecessary due to emerging technological advancements.
However, Edward Snowden, a zealous crypto advocate, revealed that the United States didn’t stop its snooping works. He noted that the U.S. National Security Agency (NSA) continued the dirty jobs. Notably, Snowden holds pieces of evidence that would make a strong case against the government’s violation of global privacy rights.
Various projects in the crypto and Blockchain industry prioritize the privacy of their clients by providing solutions for the security of their payment and messaging. Monero and ZCash are just two of the well-known privacy-focused digital assets that aim anonymity on their user transactions. Meanwhile, Telegram wants to enhance privacy in the communication sector with its TON Blockchain.