The post Former Australian Rugby Star Arrested Over Alleged Crypto Theft appeared on BitcoinEthereumNews.com. In brief Former Rugby League star Trent Merrin was arrested and charged with dishonestly obtaining a financial advantage by deception. Police raided Merrin’s Barrack Point home, seizing electronic devices for forensic examination one year after beginning investigations. The arrest comes amid Australian regulators strengthening enforcement against digital currency crimes. Former Australian Rugby League star Trent Merrin has been arrested and charged over the alleged theft of $91,000 (AUD $140,000) in crypto, with police alleging the retired footballer used deceptive means to transfer funds from a victim’s account. The former Kangaroos and New South Wales Blues representative was taken into custody at his Barrack Point residence on Tuesday morning following a year-long investigation into the alleged theft from a 29-year-old man’s crypto account, according to a report by the Sydney Morning Herald. Police allege Merrin dishonestly obtained a financial advantage by deception through unauthorized crypto transfers.   Officers seized electronic devices during the raid, which will undergo forensic examination to assist the ongoing inquiry, the report said. Merrin was granted conditional bail and is scheduled to appear before Port Kembla Local Court on December 3. Play on The former St George Illawarra Dragons, Penrith Panthers, and Leeds Rhinos forward retired from the NRL in 2021, after 250 first-grade games spanning a 15-year professional career that included representative honors for New South Wales and Australia. Since hanging up his boots, Merrin has actively pursued business ventures in the crypto and wellness sectors.  His LinkedIn profile describes him as a “dedicated entrepreneur and investor with a passion for crypto, blockchain, and the health and wellness industry,” noting he has been “actively involved in building and backing innovative businesses” since 2015. Merrin founded Freeze Yourself in January 2023, a cold plunge therapy service targeting the booming health and wellness market. He also operated as… The post Former Australian Rugby Star Arrested Over Alleged Crypto Theft appeared on BitcoinEthereumNews.com. In brief Former Rugby League star Trent Merrin was arrested and charged with dishonestly obtaining a financial advantage by deception. Police raided Merrin’s Barrack Point home, seizing electronic devices for forensic examination one year after beginning investigations. The arrest comes amid Australian regulators strengthening enforcement against digital currency crimes. Former Australian Rugby League star Trent Merrin has been arrested and charged over the alleged theft of $91,000 (AUD $140,000) in crypto, with police alleging the retired footballer used deceptive means to transfer funds from a victim’s account. The former Kangaroos and New South Wales Blues representative was taken into custody at his Barrack Point residence on Tuesday morning following a year-long investigation into the alleged theft from a 29-year-old man’s crypto account, according to a report by the Sydney Morning Herald. Police allege Merrin dishonestly obtained a financial advantage by deception through unauthorized crypto transfers.   Officers seized electronic devices during the raid, which will undergo forensic examination to assist the ongoing inquiry, the report said. Merrin was granted conditional bail and is scheduled to appear before Port Kembla Local Court on December 3. Play on The former St George Illawarra Dragons, Penrith Panthers, and Leeds Rhinos forward retired from the NRL in 2021, after 250 first-grade games spanning a 15-year professional career that included representative honors for New South Wales and Australia. Since hanging up his boots, Merrin has actively pursued business ventures in the crypto and wellness sectors.  His LinkedIn profile describes him as a “dedicated entrepreneur and investor with a passion for crypto, blockchain, and the health and wellness industry,” noting he has been “actively involved in building and backing innovative businesses” since 2015. Merrin founded Freeze Yourself in January 2023, a cold plunge therapy service targeting the booming health and wellness market. He also operated as…

Former Australian Rugby Star Arrested Over Alleged Crypto Theft

For feedback or concerns regarding this content, please contact us at [email protected]

In brief

  • Former Rugby League star Trent Merrin was arrested and charged with dishonestly obtaining a financial advantage by deception.
  • Police raided Merrin’s Barrack Point home, seizing electronic devices for forensic examination one year after beginning investigations.
  • The arrest comes amid Australian regulators strengthening enforcement against digital currency crimes.

Former Australian Rugby League star Trent Merrin has been arrested and charged over the alleged theft of $91,000 (AUD $140,000) in crypto, with police alleging the retired footballer used deceptive means to transfer funds from a victim’s account.

The former Kangaroos and New South Wales Blues representative was taken into custody at his Barrack Point residence on Tuesday morning following a year-long investigation into the alleged theft from a 29-year-old man’s crypto account, according to a report by the Sydney Morning Herald.

Police allege Merrin dishonestly obtained a financial advantage by deception through unauthorized crypto transfers. 

Officers seized electronic devices during the raid, which will undergo forensic examination to assist the ongoing inquiry, the report said.

Merrin was granted conditional bail and is scheduled to appear before Port Kembla Local Court on December 3.

Play on

The former St George Illawarra Dragons, Penrith Panthers, and Leeds Rhinos forward retired from the NRL in 2021, after 250 first-grade games spanning a 15-year professional career that included representative honors for New South Wales and Australia.

Since hanging up his boots, Merrin has actively pursued business ventures in the crypto and wellness sectors. 

His LinkedIn profile describes him as a “dedicated entrepreneur and investor with a passion for crypto, blockchain, and the health and wellness industry,” noting he has been “actively involved in building and backing innovative businesses” since 2015.

Merrin founded Freeze Yourself in January 2023, a cold plunge therapy service targeting the booming health and wellness market. He also operated as an angel investor through Merrin Investments from May 2015 to February 2025.

Merrin’s arrest comes as Australian authorities strengthen enforcement against crypto-related crime.

In July, the Australian Transaction Reports and Analysis Centre declared crypto a top threat in its financial crime enforcement priorities, with CEO Brendan Thomas calling it “the most ambitious overhaul of Australia’s anti-money laundering laws in a generation.”

Digital currencies have emerged as a particular concern for regulators due to their cross-border capabilities and the ease of instantaneous global transfers, which authorities say make them attractive to financial criminals.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source: https://decrypt.co/347357/former-australian-rugby-star-arrested-alleged-crypto-theft

Market Opportunity
Starpower Logo
Starpower Price(STAR)
$0.07069
$0.07069$0.07069
-0.32%
USD
Starpower (STAR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

DBS Tests Repo With Ripple RLUSD and Franklin sgBENJI

DBS Tests Repo With Ripple RLUSD and Franklin sgBENJI

The post DBS Tests Repo With Ripple RLUSD and Franklin sgBENJI appeared on BitcoinEthereumNews.com. Ripple, DBS, and Franklin Templeton launch tokenized repo pilot on DBS Exchange. Repo trades use Ripple’s RLUSD stablecoin and Franklin Templeton’s sgBENJI token. sgBENJI issued on XRP Ledger enables fast collateralized lending and settlements. DBS, Ripple, and Franklin Templeton have signed a memorandum of understanding to bring repo transactions into tokenized finance. The framework pairs Ripple’s RLUSD stablecoin with Franklin Templeton’s sgBENJI tokenized money market fund, listed on DBS Digital Exchange. The setup gives accredited clients a path to rebalance cash into a regulated, yield-bearing vehicle while transacting with stablecoins that settle within minutes. For institutions used to overnight repo desks, this is a first look at how traditional liquidity tools can migrate onto public blockchains. Related: Franklin Templeton Launches its DeFi Solution Benji on Ethereum Demand From Institutions Shapes the Design The three firms cited rising demand for digital asset allocations, with surveys showing nearly nine in ten institutional investors plan to increase exposure in 2025. The repo model was chosen because it mirrors an existing backbone of global funding markets: collateralized lending against short-term securities. By allowing RLUSD to trade directly against sgBENJI on DBS Digital Exchange, desks can manage intraday liquidity, park stablecoin reserves into a fund earning regulated yield, and unwind positions quickly when cash is needed. DBS to Expand Collateralized Lending The next phase extends sgBENJI beyond a trading instrument into repo collateral. DBS plans to let investors pledge sgBENJI against credit lines arranged through the bank or third-party lenders. That opens deeper liquidity pools with the assurance that collateral sits inside a regulated balance sheet. For trading desks, that means onchain repo could eventually function like its traditional counterpart, rolling positions overnight, secured by tokenized assets that settle in near real-time. XRP Ledger as the Settlement Rail Franklin Templeton will issue sgBENJI tokens on…
Share
BitcoinEthereumNews2025/09/18 20:25
SwayHorizonAi Reviews — Are Their Market Insights Legit? A Quick Overview

SwayHorizonAi Reviews — Are Their Market Insights Legit? A Quick Overview

When it comes to trading signals, many traders want to know if SwayHorizonAi’s signals really work. Based on how the platform presents itself and user feedback
Share
Timestabloid2026/03/04 18:42
What Turned Storm Chandra Into a UK Flood Crisis

What Turned Storm Chandra Into a UK Flood Crisis

By Jonathan Jackson, CEO, Previsico Storm Chandra, between 26-27 January 2026, was a stark reminder […] The post What Turned Storm Chandra Into a UK Flood Crisis
Share
ffnews2026/03/04 18:41