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The U.S. has imposed significant sanctions against Intellexa Spyware for jeopardizing privacy and national security. Paladin Capital Group and other investors made a pledge against investing in spyware companies, despite Paladin's past investment in Boldend, a U.S. company producing malware platforms for various devices. This pledge was challenged by TechCrunch's report revealing past investments in exploit makers by firms like Paladin Capital.
Cyber investors announced voluntary commitments to countering the proliferation of spyware, but at least one of the firms — Paladin Capital — previously invested in an exploit maker. Scoop from @lorenzofb here: https://t.co/EMyufbG9ZF via @techcrunch tip @Techmeme
Investors’ pledge to fight spyware undercut by past investments in US malware maker https://t.co/8ySl0J8CmV
US cyber investors pledge spyware is off limits — with a catch: https://t.co/7ulCtdDLZk by TechCrunch #infosec #cybersecurity #technology #news
