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

2025/11/06 03:47

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

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 service@support.mexc.com 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.
Share Insights

You May Also Like

CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56