[kd913]

Data can be stored, transparent but open for legitimate purposes. I don't think it's a good idea to go to the other extreme for complete anonymity in a case like this whether the consequences result in massive criminal activities.

E.G. I trust my medical data to my doctor with some reasonable confidence they are using it responsibly.

Same thing here, I can trust my financial institutions with my data, but I want it to be open to authorities to look for criminal activity. I would ideally like that data to be placed under some legislation a la the GDPR to ensure it's used responsibly.

To be clear, I would much rather my data be sold to some advertisers than for corruption/criminal activity to exist.

[psychlops]

I prefer the innocent until proven guilty model.

[NateEag]

In the US legal system, that refers to whether you can be punished for a crime, not investigated for one.

[psychlops]

An investigation that would require a warrant. My point being that all activities should not be considered criminal by default thereby available for perusal without a legally provided reason. And only then if very narrow in scope.

[NateEag]

The OP didn't say he wanted all financial activities to be considered criminal - just available for investigation.

I get that's not what you want, but it is what OP wants and I can see why.

All part of the eternal struggle between individual freedom and societal good.