It would be like being able to read all the past and future transaction of someone's else bank account just be receiving fiat money from that someone.
Is this how it works? Am i missing something? Is this how it's supposed to work ? I know Ethereum blockchain is supposed to be transparent, but that's from one personal wallet to another.
Fairly, it is not possible to find the transaction list of a bank account just only with a transaction received on your side but it is possible for someone who is in power and can contact the bank officials while in blockchain everything is transparent so anyone can track any details if you managed to find the wallets from where the transaction was originated. Don't forget the network is decentralized but not completely anonymous.
Meanwhile there are options to break the relation with the crypto mixers.