>>513984069So is average Joe laundering money?
I assume he's getting money electronically, which he needs to launder for whatever reason. So he just needs to deposit that money from a bank to a crypto exchange. Yeah I don't see how they could track that.
Unless he's laundering paper cash, but that also makes zero sense. How does he deposit this dirty money into a crypto exchange?
I can't imagine a way that crypto is the best way to launder money.
It'd have to be XMR and you'd need some pretty obscure banking and onramp with no KYC and even then, assuming it's some sort of P2P laundering operation, then you've got to cash out.
You've still got to explain how you got the money you're going to deposit and withdraw. On/offramps are regulated up the ass too. I think you'd be better off laundering it in one of the many other ways you can do that.