<ul><li>Brendan Gunn, the brother of Olympic breakdancer Rachel ‘Raygun’ Gunn, is facing one charge of dealing with proceeds of crime valued at $181,000 for his involvement in a 2020 crypto investing scheme.</li><li>ASIC alleges Gunn, working through a company he directed known as Mormarkets Pty Ltd, told investors the company would convert their money into cryptocurrencies and other ‘investing opportunities’.</li><li>Gunn continuously opened new bank accounts to facilitate these transactions despite many of the accounts being closed by banks due to scam concerns.</li><li>The charge against Gunn comes amid a crackdown by Australian financial regulators, including ASIC and AUSTRAC, against dodgy crypto businesses and scams targeting crypto investors.</li></ul>

Bro of Breakdancer ‘Raygun’ Charged Over $180K Crypto Fraud

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