According to the US Supreme Court, under the money laundering statute, proceeds can be:

Question

According to the US Supreme Court, under the money laundering statute, proceeds can be: ​

Quizplus · Accepted Answer

The U.S. Supreme Court has interpreted the term "proceeds" under the money laundering statute to include both profits and receipts. This interpretation allows for a broader range of transactions to be considered under the statute, encompassing the total amount brought in (receipts) as well as the net gain (profits) from illegal activities.

According to the US Supreme Court, Under the Money Laundering