Investors’ pledge to fight spyware undercut by past investments in US malware maker

The report discusses U.S. efforts to curb commercial spyware through sanctions, export controls, and visa restrictions, alongside venture firms— including Paladin Capital—announcing voluntary principles to avoid investments that undermine free and open societies. It highlights Paladin’s prior investment in Boldend, an offensive cyber company that touted tools such as a malware platform and a WhatsApp exploit, with Paladin stating it has since exited. The piece underscores tensions between stated investor ethics and past funding of offensive cyber capabilities, and the ambiguity of applying these principles across allied nations.