• Former NRL ahead Trent Merrin was charged by NSW Police over the alleged theft of AU$140,000 in cryptocurrency from a 29-year-old man’s account following a year-long inquiry.
  • Investigators allege Merrin obtained a “monetary benefit” by deceptive the sufferer to switch property between digital wallets.
  • Merrin, who retired in 2021 and has since promoted ventures in crypto and wellness, was granted conditional bail and is scheduled to seem in court docket in December.

New South Wales Police have charged former NRL ahead Trent Merrin over an alleged AU$140K cryptocurrency theft from a 29-year-old man’s account.

In response to a report from The Sydney Morning Herald, detectives arrested Merrin at his Barrack Level house on Tuesday after a year-long inquiry. Police mentioned digital gadgets have been seized for forensic assessment. 

Investigators allege Merrin obtained a “monetary benefit”, which mainly means he misled the sufferer to maneuver their property from one pockets to a different.

Police haven’t recognized the platforms concerned or the standing of any recovered property, but he has been granted conditional bail and is scheduled to seem at Port Kembla Native Court docket on December 3.

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Scamming After Retiring

Merrin retired in 2021 after 250 first-grade video games with St George Illawarra and Penrith, plus a stint at Leeds Rhinos. He represented New South Wales within the State of Origin collection.

Publish-retirement, he has promoted ventures in crypto and wellness, typically below his personal private automobile referred to as Merrin Investments. He’s extra identified for being the founding father of cold-plunge service Freeze Your self in January 2023.

His LinkedIn profile remains to be up and, fairly paradoxically, describes him as a founder “actively concerned in constructing and backing modern companies that push the boundaries of expertise and well-being.”

The case lands amid tighter Australian oversight of digital asset crime. 

In February, AUSTRAC ran a broad compliance sweep throughout greater than 50 crypto service suppliers and moved in opposition to 13 of them, together with by suspending or cancelling registrations. 

Final month, the federal government granted AUSTRAC new powers to manage the ATM sector amid fast progress in deployments.

Associated: AFP ‘Crypto Safe Cracker’ Unlocks US$5.9 Million Wallet in Landmark Digital Forensics Breakthrough

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