I'm interested to read more about Phantom Secure's "dismantling" in the context of both HSBC's slap on the wrist and the FBI starting and running a company that

I'm interested to read more about Phantom Secure's "dismantling" in the context of both HSBC's slap on the wrist and the FBI starting and running a company that did the exact same thing. Edited to add: It's fairly obvious that Phantom Secure was setup specifically to cater to organised crime communications - it appears the CEO experssly admitted this. I wonder if the company would have been better off marketing to 'security and privacy' conscious individuals, rather than, specifically, drug cartels, leaving the door of plausible deniability open.