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iPod Touch Dev Team has discovered the old malformed TIFF exploit in iPhone 1.0.2 and 1.1.1 to crash. This also applies to iPod Touch 1.1 and 1.1.1. It
’s all about crafted TIFF file which will cause buffer overflow. The hackint0sh people said it was used to crack the PSP firmware, but not sure whether it will help to jailbreak….

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