In a shocking development, Brendan Gunn, the brother of Australian Olympic breakdancer Rachael Gunn (known as “Raygun”), has been arrested for allegedly orchestrating a cryptocurrency fraud scheme worth over $100,000. Reports suggest that Gunn convinced three investors to transfer approximately $181,000 to him, promising significant returns through crypto trading. However, authorities claim that he misappropriated the funds for personal use. His arrest highlights the increasing scrutiny of fraudulent crypto schemes and the importance of regulatory oversight in the digital asset space.
