The guy/group would simply use no KYC swap services to convert that BTC into Monero or another privacy focused crypto. Even converting the funds to L-BTC and later back to BTC using a new wallet or swapping from L-BTC directly to Monero would make tracing extremely hard to do.

Then, they could occasionally swap small amounts into USDC or USDT and spend them through a crypto debit card, and use that money for stuff.

No amount of blockchain analysis will be able to trace it if the guy/group manage to not f*ck it up and use privacy focused tools to clean all that money.

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