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The Rage
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The Rage is an independent publication covering financial surveillance. Privacy is not a crime. Stay informed 👉 https://therage.co/subscribe/
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therage 15 hours ago
🇺🇸 U.S. Treasury Makes IDme Mandatory Despite Past Privacy Concerns TreasuryDirect, the US Treasury's savings bond platform, is effectively mandating the use of private ID verification platform IDme. Those who do not complete IDme verification cannot access their accounts online. In 2022, IDme admitted comparing users’ biometric data against a database of others, known as "one-to-many," despite previously claiming it only matched data against the user's identity documents. Senators warned that false matches could wrongly prevent legitimate users from accessing government services, warning that "one-to-many" was prone to racial bias. An Insider investigation that June raised further concerns about how those records were handled. Former employees said support staff could retrieve documents and selfies belonging to users they were not assisting, while sensitive documents circulated in an internal Slack channel. Despite these earlier concerns, Treasury has required investors to verify their identity through IDme since October 28 to access TreasuryDirect. Senators are demanding that Treasury explain how it will deal with facial recognition civil liberties concerns, and investigating whether Treasury authorizes IDme to retain biometric data and compare users’ biometric data against that of others. "Americans should not have to provide sensitive personal information to IDme as the price of accessing essential government services," the senators wrote. 🔗 https://www.wyden.senate.gov/imo/media/doc/10292026_102726_letter_to_bessent_and_bisignano_on_idme.pdf 🔗
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therage yesterday
🔴 Rage Weekly 44/26 The FBI is warning “DeFi” services and node operators “to block transactions with or derived from addresses TraderTraitor actors are using” to launder stolen assets. The ordering of non-custodial services to act on behalf of US law enforcement appears at odds with the administration's statements on industry protections. 🔗 Find these news and more in this week’s newsletter. Subscribe for free or read all issues online
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therage 6 days ago
🔴 Kraken Backs Down After Questioning Customers About Their Monero Withdrawals On October 23, users reported that Kraken was emailing people who withdrew Monero, asking what they planned to do with their coins. The requests included questions on employment details, bank statements, and proof of the origin of the funds used to buy XMR. In response, Kraken co-CEO Arjun Sethi confirmed the exchange had sent the emails. He said the requests were wrong, that no rule required them, and that affected customers had been told they no longer needed to respond. “Where your money came from is a fair question. What you do with it after it leaves is not,” Sethi said. The exchange can still request information about the source of customers’ funds. It also maintains a withdrawal limit of $1,500 in XMR per individual account over a rolling 30-day period. image
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therage 1 week ago
🔴 France Proposes New Social Media Censorship Powers The French government just introduced an amendment that requires websites, social media platforms, and hosting providers to remove content within 1 hour of an administrative takedown request.The law targets "content that directly incites the commission of intentional acts against human life, intentional acts causing physical harm, sexual assaults, theft, or the destruction, damage, or deterioration of property, where such content could cause a serious disturbance to public order." Second, it "establishes an emergency procedure to order the immediate removal of content that calls for an attack, insurrection, or taking up arms against the State and/or a segment of the population."Providers would have 24 hours to comply with a removal request, and one hour to comply with a removal request relating to insurrection.Failure to comply may lead to the sites concerned being blocked and delisted in the country.The amendment does not define how authorities will distinguish between criticism of the government, calls to protest and incitement to violence. It does not define how lawful dissent would be protected from being censored. https://pbs.twimg.com/media/HVkWsHJW8AAwYXm?format=jpg&name=large https://pbs.twimg.com/media/HVkWuUwXIAAdZQc?format=jpg&name=large
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therage 3 weeks ago
On the same day the US Treasury abolished a cryptocurrency mixer rule, SDNY weaponized a newly set precedent against Tornado Cash developer Roman Storm. It could deem anyone using mixer-like technologies as engaged in a conspiracy to launder criminal proceeds. 🔗 Full story:
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therage 0 months ago
Rage Weekly is back: your newsletter on all things surveillance that you should be very angry about.
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therage 1 month ago
Data leaks have real world consequences. WRENCHED – a documentary by @Jake Hanrahan and The Rage. COMING SOON 🔪
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therage 1 month ago
🚨New: Treasury Secretary Scott Bessent tells Congress he is pushing for passage of the Clarity Act to seek out the evasion of KYC
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therage 3 months ago
🚨NEW: FRENCH FINANCE MINISTRY SUED OVER GLOBAL SURVEILLANCE DATABASE The bitcoin exchange Bull Bitcoin is suing the French finance ministry over its implementation of a crypto asset reporting framework that establishes a global surveillance database of cryptocurrency transactions. Full story:
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therage 4 months ago
🚨NEW IN TORNADO CASH: DATES SET FOR STORM RETRIAL The Court has approved the Government's pretrial schedule, confirming that SDNY will be retrying Roman Storm on charges of conspiracy to commit money laundering and conspiracy to commit sanctions evasion this fall. The Court is yet to rule on Storm's post-trial Rule 29 motion, which challenges the validity of evidence and theories presented against him, and could exonerate Storm of the unlicensed money transmission conviction handed down last August. A ruling favorable to Storm in post-trial motions could continue to prevent the retrial from taking place. image
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therage 5 months ago
🚨NOW: Sen Warren says Tornado Cash was used to launder 7B Dollars in cryptocurrency. This is incorrect. Tornado Cash processed 7B USD in total, of which 85% were found to have been of licit origin.
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therage 7 months ago
🚨 NEW: 4CHAN LAWYERS INTRODUCE BRITISH FIRST AMENDMENT 4Chan lawyers have been trolling Ofcom over fines imposed under the UK's Online Safety Act. Now, they mean business: by introducing the UK Free Speech Act. “In a free society, fools, bigots, and assholes get to speak and remain free men. That is not the price of liberty. It is liberty, and the rest of us get it too,” says 4Chan lawyer Preston Byrne. The UK has made over 12,000 arrests for online posts since 2023, more than 30 arrests per day. 🔗 Full story:
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therage 7 months ago
🇺🇲🇵🇸 US WEAPONIZES GLOBAL FINANCIAL SYSTEM AGAINST PALESTINIAN ADVOCACY, POLICY GROUP SAYS The Palestinian Policy Network Al-Shabaka has laid out how the United States leverages the global financial system against Palestinian advocacy in its latest policy paper. Citing an Executive Order enacted last year that allows the US Treasury to act against anyone "assisting" the International Criminal Court, Al-Shabaka argues that overcompliance in the financial services industry has led to blocking of assets and financial transactions, debanking, as well as total funding bans for even tangentially related groups. "Most international transactions clear through US-linked banks and financial institutions," Al-Shabaka writes, allowing for sanctions issued by the US to reverberate far beyond US borders. "Washington’s dominance over the global financial system gives this censorship regime its devastating reach."
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therage 8 months ago
🔴The Trump administration appears to be illegally leveraging tax authorities to obtain the home addresses of immigrants, according to the Washington Post. A federal judge has found that the Internal Revenue Service (IRS) violated federal law “approximately 42,695 times” when it shared confidential taxpayer addresses with immigration enforcement officials last summer, as WaPo reports. By federal law, the IRS may only provide the Department of Homeland Security (DHS) with tax records if the agency first identifies a person's address correctly. Instead, the DHS appears to have used the information sharing agreement to obtain addresses from the IRS, with address fields left blank or filled out incompletely. The incident marks yet another escalation in the use of financial infrastructure to achieve political ends. DHS officials have defended the data-sharing agreement as necessary to crack down on illegal immigration. https://www.washingtonpost.com/business/2026/02/26/irs-data-federal-judge-dhs-illegal/
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therage 8 months ago
🔴The Joint Chiefs of Global Tax Enforcement have issued a warning on the use of cryptocurrency payment processors and OTC desks for money laundering and sanctions evasion. The group bases its warnings on the increase of Suspicious Activity Report (SAR) filings related to such systems, which have risen starkly over the past ten years. "Cryptocurrency payment processors pose significant risks and unknown threats to the integrity of the global financial system," the group concludes. However, the group omits that the mere filing of a SAR is often not indicative of actual crime occurring. Research based on statistics released by the IRS shows that less than 0.3% of filed SARs have led to further investigation. More SARs != more crime. The Joint Chiefs of Global Tax Enforcement (J5) is a joint operational group formed in mid-2018 to combat transnational tax crime between US, Australian, UK, Canadian, and Dutch tax authorities. image
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therage 8 months ago
🚨NEW: HACKERS EXPOSE AGE-VERIFICATION SOFTWARE POWERING SURVEILLANCE WEB Three hacktivists tried to find a workaround to Discord’s age-verification software. Instead, they found its frontend exposed to the open internet, bundling financial reporting with facial recognition tech. For the first time, they lay bare what is really behind a software serving age-verification laws – and why such technology is far from harmless. We spoke with the researchers that exposed the software, who hope that their findings will serve as a wakeup call. 🔗 Full story:
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