See here (not sure how this plays out syntactically and diagrams out structurally...you have the ",but" and then the "and a lot...legal"):
https://join.substack.com/p/is-trump-a-criminal
It’s important to understand that there are very fine lines—Donald has laundered money, but a lot of people have laundered money all over the United States and a lot of that laundering is actually legal.