DeFi Education Fund Gathers Largest Industry Coalition To Protect Developers
Over 100 industry signatories will not support a market structure bill that does not include protections for non-custodial services.| The Rage
Both Pertsev and Storm are appealing their convictions.| The Rage
Over 100 industry signatories will not support a market structure bill that does not include protections for non-custodial services.| The Rage
But not everyone is convinced.| The Rage
Smart contracts could automatically check for a credential before executing a user's transaction, the Treasury says.| The Rage
The digital rights group Electronic Frontier Foundation has filed an amicus brief in the defense of Tornado Cash developer Roman Storm, citing the criminalization of privacy and the prosecution's chilling effects on free speech.| The Rage
The economists argue that the exclusion of any coin that has ever passed through a no-KYC wallet would enable a culture of self-policing.| The Rage
Treasury Secretary Bessent has claimed that the US Government holds between $15-20 Billion in BTC. But the Government's bitcoin holdings have still not been audited.| The Rage
There's assholes, and then there's FATF. The Financial Action Task Force is an intergovernmental body created in 1989 to "combat money laundering and terrorist financing". In its thirty-plus years of existence, FATF has bullied countless countries into exclusionary financial policies. Now it's coming for your bitcoin. The past week has| The Rage
New Google Play Store policy now requires FinCEN registration, state banking license, or MiCA license for non-custodial wallets.| The Rage
Ethereum Core developer Federico Carrone was arrested at passport controls in Turkey over his contributions to a paper that assessed privacy on Ethereum and Tornado Cash.| The Rage
We sat down with Amanda Tuminelli, CEO of the DeFi Education Fund, and Peter van Valkenburgh, CEO of CoinCenter, to discuss what Tornado Cash developer Roman Storm's conviction on conspiracy to operate an unlicensed money transmitter means for the broader software development space. The Rage | Roman Storm found Guilty: What| The Rage
The first witness brought by government prosecutors detailed a catfishing scam in which the defendant played no apparent role.| The Rage
We obtained exclusive access to documents from a company called "Payback" that tied the Government's first victim to Tornado Cash – and it doesn't look good.| The Rage
We won't be talking about KYC your honor, except that we will.| The Rage
BTC via Lightning on Geyser Geyser Fund - Crowdfunding with BitcoinGeyser is a bitcoin crowdfunding platform that enables campaign creators to launch their projects with rewards and engage their communities with posts and content.Crowdfunding with Bitcoin BTC Silent Payments sp1qq2xewwk5u02gxxurdzr6r6jerelncw82rlyvw2kpggxt3pum4kp6yq62utdcljdtmxpy3vs7c940hvjuzedhhsf7h2y5lflk7zp2xhgz3vryqw4n BTC On Chain (Transparent) bc1qe2u7d5n7tjgy766865832m3mc29u7m8awpz8xy ETH (Transparent) 0x8570cac| The Rage
After a nearly 4-week proceeding, the jury in US v. Storm found the Tornado Cash co-founder guilty on one count, and could not reach a decision on two others.| The Rage
The jury requested information on a Government tracing witness that testified to sanctioned funds. Members stated to have made major progress in deliberations today.| The Rage
"We should take concrete steps to protect people’s ability not only to communicate privately, but to transfer value privately," the Commissioner says.| The Rage
Jurors' schedules are nearly as difficult to navigate as the blockchain technology at the heart of Roman Storm's trial.| The Rage
We sat down with Amanda Tuminelli, CEO of the DeFi Education Fund, party to Roman Storm's case and former criminal defense lawyer, Taylor Monahan, Security at Metamask and expert blockchain tracer, privacy and FOSS advocate Molly White of Citation Needed, and member of the Ethereum Foundation Silviculture Society| The Rage
The jury requested several documents, had questions about venue, and seemed rather eager to go home.| The Rage
The White House Digital Assets Report asks the Treasury to finalize a rule that would codify all transactions that obfuscate the source of funds as a "primary money laundering concern".| The Rage
But IRS Agent Stephan George's methods and precision are under serious question.| The Rage
The Rage is an independent publication covering financial surveillance. Privacy is not a crime.| The Rage
* The next hearing in the Samourai Wallet case is postponed until March 12th, 2025 in light of volume of discovery * The prosecution has added two additional batches of discovery since the last hearing in September * The trial date is set for November 3rd, 2025 According to a memo endorsement filed| The Rage
This article is part of a six-part educational series in cooperation with the non-custodial, peer-to-peer Bitcoin exchange Vexl. “Everyone is entitled to all the rights and freedoms set forth in this Declaration, without distinction of any kind, such as race, colour, sex, language, religion, political or other opinion, national or| The Rage
A recent filing suggests that Samourai Wallet prosecutors withheld exculpatory evidence, revealing that FinCEN told SDNY that the developers likely did not need an MSB license.| The Rage
The "Sovereign District of New York" could drop the charges today, if they wanted to.| The Rage
The Deputy Attorney General has asked the DOJ to stop targeting developers for the conduct of their users. But the issued memo appears to deliberately leave the door wide open to do exactly that.| The Rage
Everything you need to know about the Samourai Wallet and Tornado Cash prosecutions as discussed at the MIT Bitcoin Expo.| The Rage
The jury trial against Tornado Cash developer Roman Storm is postponed to July 14th in light of discussions on pretrial disclosures.| The Rage
ICERAID promises users rewards in cryptocurrency to report immigrants to law enforcement. The project claims to be in talks with the White House, but investors already want their money back.| The Rage
Announcing the seizure of $200,000 in cryptocurrency allegedly linked to Hamas, CoinDesk publishes long debunked terrorist financing allegations| The Rage
The Treasury has filed a notice to stop a Texas district court from issuing a final judgement on Tornado Cash's sanctions reversal, attempting to retain powers to list software like Tornado Cash on OFAC's SDN list.| The Rage
Celsius Network, led by debtors, is suing Chainalysis for 'propping up' a fraudulent $3.3 Billion audit of the platform that misled customers and investors.| The Rage
The Treasury has issued a warning that US persons should "exercise caution" before engaging with services like Tornado Cash amidst the software's removal from OFAC's SDN list.| The Rage
At the No Money for Terror Conference, FATF, Europol, and German Finance Minister contradict intelligence findings to advocate for total financial surveillance.| The Rage
In a hearing in downtown Manhattan today, a slew of new hearing dates were set in the criminal trial of Samourai Wallet co-creators Keonne Rodriguez and William Lonergan Hill. The cofounders were charged in April of 2024 with conspiracy to commit money laundering and conspiracy to run an unlicensed money| The Rage
Viral discussions on Operation Chokepoint 2.0 had the potential to reform a broken financial system. Instead, it birthed a disinformation campaign designed to save big tech from enforcement action while selling out consumers.| The Rage
Nigeria appears to have swapped Binance Executive Tigran Gambaryan for US "resources and expertise" to fight illicit finance in a secret deal with the State Department.| The Rage
The German party Die Linke is questioning the German government on the use of blockchain surveillance software and the use of crypto mixers for the identification and prevention of financial crime.| The Rage
The US Government has filed its opposition to Tornado Cash's motion to reconsider the dismissal of criminal charges against the developers.| The Rage
A Bitcoin Bill introduced in Oklahoma sets an example for how sensible Bitcoin legislation can work in favor of the people and the industry as a whole.| The Rage
The EU is ringing in 2025 with a truly remarkable shitshow for your financial privacy and security.| The Rage
Custody over funds is not necessary to be considered a broker by the IRS.| The Rage
In light of the Fifth Circuit court reversing sanctions placed on Tornado Cash, Storm's defense requests the dismissal of all criminal charges| The Rage
A vulnerability in the WabiSabi coinjoin protocol allows malicious coordinators to deanonymize coinjoins. Users are urged to update their wallets immediately.| The Rage
GCHQ's National Cyber Security Centre's annual report contradicts the NCA's findings of cryptocurrencies and end-to-end encryption as a major threat to national security.| The Rage
Marc Andreesen has turned debanking into a much needed issue of national debate. Unfortunately, he has no idea how debanking works.| The Rage
The court has found that OFAC overstepped its authority by placing Tornado Cash on OFAC's Specially Designated Nationals and Blocked Persons List, reversing a District Court's ruling upholding Sanctions on the software| The Rage
The software was used to spy on narcotics trafficking under US supervision Colombian Ambassador says, but the structuring of transactions raises suspicions on the program's legitimacy| The Rage
The Soufan Center has published a brief on cryptocurrency adoption by terrorist groups titled "Blockchain and Bloodshed," citing outdated, incorrect, and misleading statements.| The Rage
In a hearing on Wednesday Chainalysis argued that a defamation lawsuit filed by alleged “scam” is an effort to silence the analytic's firm| The Rage
Last week, TD Bank agreed to pay a “historic fine” of over $3B for BSA violations linked to drugs, bribes, and human trafficking – but the fine makes up merely 1% of the banking group's revenue.| The Rage
A World Economic Forum report on digital asset regulation finds "tough" US approach "positive for the industry", recommends AI, digital identities for AML/KYC, EU stablecoin reserve requirements "too strict"| The Rage
Colombia investigates whether information on the alleged purchase of Pegasus Spyware was shared with Colombia's Financial Intelligence Unit (FIU). Last week, Colombia was banned from the international FIU network Egmont Group for revealing a confidential report on Israeli Pegasus sales.| The Rage
UK Prime Minister Keir Starmer announced plans to "stop benefit fraud" costing taxpayers "almost £10 billion a year". The digital rights group Big Brother Watch sees a revival of bank spying powers.| The Rage
The German Interior Ministry dodged questions on government use of chain analysis software and the risks of mixers for the concealment of criminal activity. Suspicious Transaction Reports involving cryptocurrencies appear negligibly low.| The Rage
The crowdfunding platform Geyser Fund is shutting down projects in conflict zones citing regulatory uncertainty.| The Rage
Keonne Rodriguez has been denied a freedom of movement request due to alleged flight plans. The defense cited that Rodriguez had not fled after detecting law enforcement attempted to access overseas Samourai-related servers in March of 2024. The next hearing is set for December 17th.| The Rage
The German banking authority BaFin is unaware of "new regulations that came into effect on September 10th", allegedly leading Kraken Germany to halt support for the Lightning Network according to customer service representatives. Kraken issued a correction after publication of this article.| The Rage
The UK's National Crime Agency claims "cryptoassets are increasingly used to launder non-digital proceeds of crime" and identify increased risks to children through end-to-end encryption in a 2024 National Risk Assessment.| The Rage
The finalized UN Cybercrime Convention would overrule bank secrecy while criminalizing hacking, whistleblowing and security research.| The Rage
The case that put blockchain analysis on trial is moving forward with the sentencing of alleged Bitcoin Fog operator Roman Sterlingov – but not everyone's convinced that the government's got the right guy.| The Rage
Democrats like to take on issues of equality, yet continue to support inherently unjust policies. Rage Weekly with an Opinion on AML and Social Justice. Subscribe for free or read all issues online.| The Rage
FATF report finds 'virtual assets' increasingly used by terrorist groups, despite 75% of jurisdictions still lacking risk assessments.| The Rage
Rage Weekly is a weekly linkdump bringing the best content on financial surveillance and beyond directly to your inbox. This week, we are experimenting with an opinion before the linkdump, as some topics need further examination. Subscribe for free or read all issues online.| The Rage
The criminal case against Roman Storm is about more than just one man: it's about how the U.S. Constitution is applied to new technology and financial flows.| The Rage
Judge grants delay of the Tornado Cash trial: are charges against Roman Storm comparable to criminally charging the creators of WhatsApp because criminals used it?| The Rage
The UK's Royal United Services Institute issued a 45 page report on the weaponization of FATF standards and its influence on the repression of watchdog organizations, journalists, critics and opposition groups - including a guide for affected entities.| The Rage
The Corporate Transparency Act is a slow-roll attack on financial privacy for ordinary people.| The Rage
The world's biggest banks find monitoring for suspicious activity "ineffective". In a "True Risk-Based Approach", the group now proposes access to customer social media, IP addresses, and device IDs.| The Rage
