Complex sentence: Crowds was designed by Michael K. Reiter and Aviel D. Rubin and defends against internal attackers and a corrupt receiver, but provides no anonymity against a global attacker or a local eavesdropper (see "Crowds: Anonymity For Web Transactions").
Split into simpler sentences: Crowds was designed by Michael K. Reiter and Aviel D. Rubin. It defends against internal attackers and a corrupt receiver, but provides no anonymity against a global attacker or a local eavesdropper (see "Crowds: Anonymity For Web Transactions").