Structuring is breaking transactions into different sums in order to avoid the regulations and AML/CTF transaction reporting requirements. Many money launderers rely on this placement approach since it allows them to make several deposits without triggering the cash reporting requirements.
Online banking and cryptocurrencies have made it easier for criminals to transfer and withdraw money without detection. The newest frontier of money laundering involves cryptocurrencies, such as Bitcoin. While not totally anonymous, they are increasingly being used in blackmail schemes, the drug trade, and other criminal activities due to their relative anonymity compared with more conventional forms of currency.
https://www.veriff.com/blog/what-is-structuring-in-money-laundering