Analytics company Chainalysis, in its latest report, points to the possible use of blockchain networks by traditional criminals for money laundering. It is noted that these transactions are not related to cryptocurrency fraud and hacking, which Chainalysis usually monitors. Instead, they come from wallets that are not known to be illegal but nonetheless follow strategies that would likely make banks suspicious. For example, breaking into rounded tranches that are just below the KYC reporting thresholds and then merging them later.