Crypto International Faces Employee Exodus Amid Spying Scandal Fallout

Resignation Revolution: A Spy-Driven Shakeup

In the turbulent waters following a high-profile espionage scandal, Crypto International has found itself in a considerable mess, waving goodbye to approximately 70 employees. These dismissals were precipitated by the revelation of backdoored products sold to intelligence agencies, including the infamous CIA.

Government Response: A Tightening Noose

As per the recent reports from the Swiss-focused publication Swissinfo.ch, the Swiss government’s decision to halt the review of Crypto International’s export applications has sent shockwaves through the ranks. This move not only hinders business operations but casts doubts on the company’s future. It appears that the heavy hand of regulation is impacting livelihoods, as expressed passionately by Andreas Linde, co-founder of the firm, who lamented the disruption.

The Legacy of Crypto AG: A Scandalous Inheritance

Founded in 2018, Crypto International claims to have revamped the previous brand name associated with controversy. They assert a new ethos, featuring “other owners, other management and a different strategy and scope.” However, skepticism lingers over their past associations since they acquired rights to the older, disgraced brand known as Crypto AG. Shades of the past loom large!

Espionage Tales: The Dark History of Crypto AG

The saga surrounding Crypto AG unravels like a spy novel. Initially revealed by The Washington Post, this company had been selling encryption devices that allowed for eavesdropping on worldwide communications secretly orchestrated by the CIA and its German counterpart, the BND. This clandestine operation, which spanned decades post-World War II, was known as “Thesaurus” before being relabelled “Rubicon.” Talk about a plot twist!

A Hopeful Dawn: The Birth of Asperiq AG

In what seems to be a restructuring attempt, the founder is pivoting the ship, registering a new entity called Asperiq AG. With a fresh team on board and a newly appointed board of directors consisting of four individuals, Crypto International appears to have its sights set firmly on rebirth and rejuvenation. Will Asperiq AG rise from the ashes of scandal? Only time will reveal!