Section 574.105 - Money laundering - penalty1. As used in this section, the following terms shall mean:(1)"Conducts", initiating, concluding or participating in initiating or concluding a transaction;(2)"Criminal activity", any act or activity constituting an offense punishable as a felony pursuant to the laws of Missouri or the United States;(3)"Cryptocurrency", a digital currency in which transactions are verified and records are maintained by a decentralized system using cryptography;(4)"Financial transaction", a transaction:(a) Involving: a. The movement of funds by wire or other means, including blockchain;b. One or more monetary instruments; orc. The transfer of title to any real property, vehicle, vessel, or aircraft; or(b) Involving the use of a financial institution as defined under 31 U.S.C. Section 5312, as amended;(5)"Monetary instruments": (a) Currency and coin of the United States or of any other country, cryptocurrency, travelers' checks, personal checks, bank checks, bank wires, or money orders; or(b) Investment securities or negotiable instruments, in bearer form or otherwise in such form that title thereto passes upon delivery;(6)"Person", natural persons, partnerships, trusts, estates, associations, corporations and all entities cognizable as legal personalities;(7)"Transaction", a purchase, sale, loan, pledge, gift, transfer, delivery, or other disposition, and with respect to a financial institution includes a deposit; withdrawal; transfer between accounts; exchange of currency; loan; extension of credit; purchase or sale of any stock, bond, certificate of deposit, or other monetary instrument; use of a safe deposit box; or any other payment, transfer, or delivery by, through, or to a financial institution, by whatever means effected.2. A person commits the offense of money laundering if he or she:(1) Conducts or attempts to conduct a financial transaction with the purpose to promote or aid the carrying on of criminal activity; or(2) Conducts or attempts to conduct a financial transaction with the purpose to conceal or disguise in whole or in part the nature, location, source, ownership or control of the proceeds of criminal activity; or(3) Conducts or attempts to conduct a financial transaction with the purpose to avoid financial transaction reporting requirements under federal law; or(4) Conducts or attempts to conduct a financial transaction with the purpose to promote or aid the carrying on of criminal activity for the purpose of furthering or making a terrorist threat or act.3. The offense of money laundering is a class B felony and in addition to penalties otherwise provided by law, a fine of not more than five hundred thousand dollars or twice the amount involved in the transaction, whichever is greater, may be assessed.Amended by 2022 Mo. Laws, HB 1472,s A, eff. 8/28/2022.Amended by 2014 Mo. Laws, SB 491,s A, eff. 1/1/2017.L. 1992 S.B. 705 § 10, A.L. 2002 S.B. 712