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 Australians for cryptocurrencies and other investments in December 2018. 

Between January 2019 and May 2020, Mormarkets opened…