Brendan Gunn Charged in Crypto Fraud Scheme
Brendan Gunn, the sibling of renowned Australian breakdancer Raygun, has recently been charged by the Australian Securities and Investments Commission (ASIC) for allegedly orchestrating a fraudulent scheme linked to cryptocurrency investments. This serious charge against Gunn includes a criminal offense that could lead to a maximum penalty of three years in prison, a hefty fine of A$37,800 (approximately $23,500), or potentially both.
Raygun, whose real name is Rachael Gunn, gained significant attention for her unique performances and her intended participation in the 2024 Olympic Games. Although she ultimately withdrew from the Olympics, her unconventional dance routines sparked a flurry of reactions online, resulting in a wave of viral memes and social media buzz.
According to ASIC, Brendan Gunn was found in possession of two blank cheques from three different victims, amounting to a staggering total of A$181,000 (around $113,000) that was solicited for cryptocurrency investments. At the time of the allegations, Gunn held the position of director at Mormarkets Pty Ltd, a company that accepted deposits for overseas crypto investments.
Gunn made his initial court appearance at a local magistrate’s court on Tuesday, and he is set to return for a further hearing scheduled for April 29. The outcome of this case could have significant implications for those involved in the cryptocurrency sector in Australia.
