International Money Laundering

International money laundering refers to the process of making illegally obtained money appear legitimate across borders. Criminals might earn money through activities like drug trafficking or fraud and then transfer it through various financial systems to obscure its origin. This can involve moving funds between different countries, using shell companies, or utilizing cryptocurrency. The goal is to integrate the "cleaned" money into the economy without attracting suspicion, making it difficult for authorities to trace the money back to its criminal source. This poses significant challenges for global law enforcement and financial regulation.