> What are “crime proceeds”? Typically any proceed from a crime. In the simplest case, if someone stole money from someone, the money stolen is proceeds from t

> What are “crime proceeds”? Typically any proceed from a crime. In the simplest case, if someone stole money from someone, the money stolen is proceeds from the crime. Similar is if someone stole property and sold it, the money is the proceed. Same with selling illegal drugs, or money received from extortion or bribery. Like you said, regardless of the crime the money needs to be laundered.