That's the usual argument, but I don't see how that sticks around when it's pretty much just money laundering without even a cover story. At the end of the day

That's the usual argument, but I don't see how that sticks around when it's pretty much just money laundering without even a cover story. At the end of the day that new wallet needs to be converted to cash or use to pay for something to be useful, which makes it traceable, which ties the person to using a mixer which I have no doubts will become illegal itself if it becomes a problem.