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Olympian breakdancer Raygun’s brother accused of crypto-linked crime

cryptoweekly by cryptoweekly
March 5, 2025
in bitcoin, News
0

Australia’s finance regulator alleges that Brendan Gunn dealt with the possible proceeds of crime from “victim investors who deposited funds for conversion to cryptocurrency.”

Australia’s finance watchdog has charged Brendan Gunn, the brother of Olympian breaker Rachael Gunn, for allegedly dealing with money suspected to be proceeds of crime while operating a fiat-to-crypto conversion company.

In a March 5 statement, the Australian Securities and Investments Commission said Gunn was charged with one count of dealing with money that could be reasonably suspected to be the proceeds of crime.

“It is alleged that Mr Gunn dealt with two bank cheques, which contained the proceeds of four investment amounts totaling $181,000 made by three victim investors who deposited funds for conversion to cryptocurrency,” ASIC said in its statement.

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  • Bitcoin’s first Batman? Peter McCormack plans to buy his own police force
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  • Lawsuits piling up against Strategy could take years, go nowhere, lawyer says
  • GENIUS' ban on stablecoin yield will drive demand for Ethereum DeFi — Analysts
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