Brendan Gunn Charged with Crypto Fraud by Australian Securities Regulator
Brendan Gunn has been charged by the Australian Securities and Investments Commission (ASIC) for running a crypto-linked fraud scheme.
- Gunn faces a maximum penalty of three years imprisonment, a fine of A$37,800, or both.
- He allegedly collected A$181,000 ($113,000) in blank cheques from three victims for crypto investments.
- Gunn was the director of Mormarkets Pty Ltd, which accepted deposits for overseas crypto investments.