Acquire dirty (criminally-obtained) cash or dirty crypto. You can convert dirty cash into crypto easily by buying peer-to-peer. Deposit this into Wallet A.
Using a different wallet, Wallet B, mint an NFT and put it up for auction. You might consider paying a small sum of money to have it “sponsored” by a B-tier celebrity to make it seem more legitimate.
Using the Wallet A, outbid everyone else and buy the NFT. Pay using the dirty crypto.
Dirty crypto is transferred to Wallet B.
Repeat this process as many times as desired.
In the end, sell the crypto legitimately on a cryptocurrency exchange. Declare the crypto as income and pay tax as appropriate.
If questioned by the authorities, you claim that you mint NFTs and that they were sold genuinely at public auction, purchased by an anonymous buyer.
That, my friends, is what NFT are is perfect at.
“Oh, what, tax authority? No, I didn’t steal this money. I earned it legit by selling my newly-minted monkey NFT to some sucker for 100 ETH.”
That gets your money into crypto, not out of it.
The full scheme works like this—
You go ahead and do that and see how it turns out.