Brendan Gunn, Raygun's Brother, Charged By Australian Regulator for Crypto-Linked Fraud
- Brendan Gunn has been charged with dealing with money suspected to be proceeds of crime while serving as a director of Mormarkets Pty Ltd, according to the Australian Securities and Investments Commission .
- It is alleged that between March and May 2020, Gunn handled two bank cheques totaling $181,000 from three victims for investment in cryptocurrency.
- ASIC stated that Gunn opened multiple bank accounts despite being informed of scams, leading to concerns regarding his company's activities.
- If convicted, Gunn faces a maximum penalty of three years' imprisonment, a fine of $37,800, or both, with his next court appearance scheduled for April 29, 2025.
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Brother of Viral Olympic Aussie Breakdancer 'Raygun' Arrested Over $100,000 Crypto Scheme
Authorities with the Australian Securities and Investments Commission announced charges against Brendan Gunn this weekDon Arnold/WireImage; Brendan Gunn/Facebook Rachael Gunn and Brendan GunnThe brother of infamous Australian Olympic breakdancer Rachael Gunn, aka “Raygun,” has been arrested on suspicion of orchestrating a $100,000 cryptocurrency scheme.The Australian Securities and Investments Commission announced the charges against Brendan Gun…
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