Crypto money launderers increasingly exploit legitimate services to conceal their illicit activities. This trend poses a significant challenge to law enforcement and financial regulators.

Here are some ways criminals use legitimate services:

1. _Cryptocurrency exchanges_: Criminals use reputable exchanges to convert illicit funds into legitimate cryptocurrencies or fiat currencies.

2. _Payment processors_: Legitimate payment processors are exploited to facilitate transactions and conceal the source of funds.

3. _E-wallets_: Criminals utilize e-wallets to store and manage their illicit funds, often using multiple accounts to avoid detection.

4. _Banking services_: Legitimate banking services are used to integrate illicit funds into the traditional financial system.

5. _Legal and accounting firms_: Criminals employ legitimate legal and accounting firms to create complex financial structures and obscure ownership.

6. _Virtual asset service providers_: Criminals use legitimate virtual asset service providers to buy, sell, and store cryptocurrencies.

7. _Forex and trading platforms_: Legitimate Forex and trading platforms are exploited to launder funds through complex financial transactions.

8. _Gaming and online platforms_: Criminals use online gaming and platforms to launder funds through in-game transactions and virtual assets.

9. _Charity and nonprofit organizations_: Criminals exploit legitimate charity and nonprofit organizations to conceal illicit funds and activities.

10. _Financial technology (FinTech) companies_: Criminals use legitimate FinTech companies to develop and deploy sophisticated money laundering schemes.

To combat this trend, it's essential to:

1. _Implement robust AML/KYC regulations_

2. _Enhance monitoring and reporting requirements_

3. _Foster collaboration between services and law enforcement_

4. _Develop advanced detection and prevention tools_

5. _Educate users and raise awareness_

By acknowledging the use of legitimate services in crypto money laundering, we can develop effective strategies to prevent and detect these activities, protecting the integrity of the financial system.