"There is a principle in law called the nemo dat rule, or, nemo dat quod non habet. It is the basic principle that a person who does not hold good title cannot confer it to another. Bitcoin is a divisible token and not an account. There are rules for mixing, which will apply to an extent, but when laundered through a criminal facility such as Binance, the ownership of the tokens can still be tracked and allocated to the original holders of the property rights."

https://craigwright.net/blog/law-regulation/binance-the-untrusted-intermediary/