Australian financial watchers have prosecuted Brendan Gunn, the brother of the Olympic breaker Rachael Gunn, to deal with the suspected money of crime by operating the FIAT-to-Crypto Conversion Company.
In a statement on March 5, Australian Securities and Investments Commission said Gunn was accused of dealing with money that could be reasonably suspected of crime.
ASIC said in a statement, “Mr. Gunn handled two bank checks, and it is estimated that three victim investors who have deposited funds to convert to cryptocurrency include a total of four investments.
Rachael Gunn, better known for her stage name “Raygun,” showed a virus with her brake dance performance at the 2024 Olympics. One of them saw her hops like kangaroos.
She bombed the game and lost three battles in the game. But her brother still praised the performance.
source: Brendon
ASIC said in a statement that Brendan Gunn was a director of MORAMARKETS, a company that accepted deposits to switch to encryption.
ASIC said, “Even though the bank account was repeatedly closed due to concerns about SCAMS and GUNN on behalf of MORKARKETS, we tried to open a series of bank accounts in order to receive deposits and transfer, despite the repeatedly closed on profits.
Gunn is expected to return to the District Court on March 4 and return on April 29. If you are convicted, you will face a fine of $ 37,800 later.
ASIC Chairman Joe Longo said the regulatory agency said, “We will prioritize fraud and detection activities and take measures if necessary.
Information about Gunn’s lawyers could not be used immediately.
The regulatory agency in this country has planned to focus on the encryption industry.
relevant: Australian police found ‘Aladdin’s Cave’ of the stolen Bitcoin ATM.
Australian Transaction Reports and Analysis Center, Australia’s anti -money laundering regulatory agency, has recently taken measures on 13 remittance service providers and encryption exchanges in February, and more than 50 others are still investigating the issue of compliance.
Brendan Thomas, CEO of Ostrak, said in December last year that anti -funded laundry regulators are focusing on the cryptocurrency industry in 2025 as a crackdown on encryption ATM providers that can violate anti -fund laundry laws.
ASIC also published a consultation paper on the guidelines proposed in encryption in December, requiring a company that licensed many digital assets in the financial product category and traded by encryption.
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