What is money laundering?

Is this money laundering too?

  • If you are committing blackmail, are you also committing money laundering? Since money laundering is collecting money from crimes committed, is blackmail money laundering too? Since it is illegal to blackmail somebody? I hope this question makes sense. Thanks

  • Answer:

    I think it will be, yes as you will use the money from the crimes that took place, so yes it will be money laundering.

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