🚨 Breaking News: Brendan Gunn, brother of Olympian breakdancer Rachael Gunn, has been charged by Australia’s finance watchdog for allegedly handling money suspected to be proceeds of crime through his crypto conversion company, Mormarkets. 💰⚖️
ASIC claims Gunn dealt with two bank cheques totaling $181,000 from three investors. Despite concerns over scams, he reportedly sought to open multiple bank accounts for transactions. If convicted, he faces up to 3 years in prison. 🏛️
As Australia tightens regulations on the crypto industry, ASIC emphasizes its commitment to scam prevention. Stay tuned for updates as this story develops.