I'm not a money laundering expert, but when you already using crypto with a huge chance to lose 10-30% on exchange rate flunctations I don't believe it's that hard to come up with an idea.
Let's say you'll make a fake startup funded by VCs from all around the world. There is plenty of people who will love to buy few million dollars with 30% discount.
This isn't about some petty crime though, but again it's much easier to move smaller amount of money anyway.
Then why are you regurgitating this uninformed vomit passing as currency expertise? You clearly don't understand how money laundering works with paper cash, and you think the only thing that matters is "cost".
Okay, now this is rude. We're on public forum here sharing our opinions. Mine are based on the fact that I do know how online criminals operate as well as how money laundering work in my country.
I really can't speak about US and how FBI works, but again most of online criminals are not operate in the US.
Whatever. Go forward with your witch hunt. I personally never use crypto myself, though do some contract development on Eth-powered projects.
As about money laundering your opinion is one of a person living in western country with working institutions and strong legal frameworks. Unfortunately this isn't the case in many places around the globe. There is tons of countries where everything is just a question of % you want to pay.
Saddam Hussein who controlled his own currency (and even had his face on it) wanted US Dollars. The wanting of US Dollars (and laundering them) isn't limited to those who live in a western country.
Let's say you'll make a fake startup funded by VCs from all around the world. There is plenty of people who will love to buy few million dollars with 30% discount.
This isn't about some petty crime though, but again it's much easier to move smaller amount of money anyway.