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Raygun’s brother gets prison sentence in Australia over offshore crypto scam

Raygun’s brother gets prison sentence in Australia over offshore crypto scam

An athlete stretches on a competition mat with "Paris 2024" displayed in the background.

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Brendan Gunn, the brother of Australian Olympian and breakdancer Rachael Gunn, better known as Raygun, has been sentenced to 12 months in prison in New South Wales over moving money authorities say was connected to an international cryptocurrency scam.

What happened?

Earlier this year, former finance director Brendan Gunn admitted he dealt with more than $180,000 when it was reasonable to suspect the funds were the proceeds of crime. Investigators say the money was linked to an offshore crypto investment fraud.

According to Investor Daily, Gunn served as a director of Mormarkets, which began accepting deposits from…

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