Raygun’s brother Brendan Gunn charged by ASIC for | Australian Markets

Raygun’s brother Brendan Gunn charged by ASIC for Raygun’s brother Brendan Gunn charged by ASIC for

Raygun’s brother Brendan Gunn charged by ASIC for | Australian Markets


The brother of controversial Olympic breakdancer Raygun has been charged with coping with suspected proceeds of crime.

The Queensland man allegedly dealt with bank cheques containing $180,000 deposits made by sufferer buyers.

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An ASIC assertion mentioned Brendan Gunn, from the Brisbane suburb of Camp Hill, was a director for Mormarkets Pty Ltd when he allegedly tried to open a sequence of bank accounts “on an ongoing basis to receive and transfer deposits”.

Mr Gunn allegedly tried to open these bank accounts regardless of them being “repeatedly closed due to concerns about scams and Mr Gunn being informed of these concerns”.

He allegedly handled two bank cheques price $180,000 containing quantities made by three sufferer buyers who had deposited money for conversion to cryptocurrency.

The company, Mormarkets Pty Ltd, accepts deposits from Australians for conversion to cryptocurrency and for different investment alternatives.

In a 2024 post on X, Mr Gunn expressed assist for his sister, Rachael Gunn, after her Olympic bid in breakdancing which was extensively mocked.

“Could not be prouder of my amazing sister #raygun aka Rachael Gunn who did an incredible job competing in a brand new Olympic sport representing this great country,” he wrote.

“You will always be a winner to me.”

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Mr Gunn appeared within the Sydney Downing Centre Native Court docket on Tuesday.

If convicted, he faces a most penalty of three years in jail, a nice of up to $37,800 or each.

He is because of seem in court docket again on April 29.

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