This has got to be the most naive statement on crypto and laundering.
Crypto are so easily laundered not because of traceability but because of the huge and rapid swings in value, Unexpected wealth is easily justified.
Large sums are easily laundered by scripting thousands of transactions.
You can’t money launder with bitcoin. The whole purpose is that everything is traceable.
That is how you launder money with art and Bitcoin.
Because it’s normally suspicious if someone gives $1mil for no reason, but if you know it’s for a monkey jpeg, then it’s normal.
This has got to be the most naive statement on crypto and laundering. Crypto are so easily laundered not because of traceability but because of the huge and rapid swings in value, Unexpected wealth is easily justified. Large sums are easily laundered by scripting thousands of transactions.
https://syntheticdrugs.unodc.org/syntheticdrugs/en/cybercrime/launderingproceeds/moneylaundering.html