I think you're correct. The title confused met with the content. It's all about transferring money from one place to another and a way to cash it out and use it. It's actually still "black" money because it's not laundered yet.
Laundering is when I can justify to the IRS that my fund are earned legitimated eg. no criminal activity AND I paid my taxes on it.
Laundering is when I can justify to the IRS that my fund are earned legitimated eg. no criminal activity AND I paid my taxes on it.