Former Australian Rugby League star Trent Merrin has been arrested on suspicion of stealing $91,000 (approximately AUD 140,000) worth of cryptocurrency. Police allege he fraudulently transferred funds from victims' accounts. The arrest comes as Australian regulators tighten enforcement against cryptocurrency crimes. Merrin has been granted conditional bail and is scheduled to appear in Port Kembla Magistrates' Court on December 3.
The former St. George's Illawarra Dragons, Penris Panthers, and Leeds Rhinos striker retired from the Australian Rugby League in 2021 after a 15-year career, representing New South Wales and the Australian national team. Since retiring, Trent Merrin has been actively involved in business in the cryptocurrency and wellness sectors, describing himself on LinkedIn as "an entrepreneur and investor with a passion for cryptocurrency, blockchain, and the wellness industry." (Decrypt)
