The post Ex-footballer criticizes police after being arrested for crypto theft appeared on BitcoinEthereumNews.com.

Former football star Trent Merin has hit back at the police after he was arrested in an alleged case of stealing $91,000 in crypto from his teammate. Merrin was arrested and charged with dishonestly obtaining a financial advantage by deception after officers began an investigation into the complaint late last year. The police alleged that the former Penrith Panthers and St George Illawarra Dragons Star stole $91,000 in crypto from his former teammate Kade Ellis, according to reports. Now, Merin and his lawyer, Paul McGirr, have hit back at the allegations. According to Merrin, he had paid the former teammate seven times what he invested in the cryptocurrency scheme. Former football star arrested for crypto theft According to reports, Ellis informed the police about the allegations almost a year ago after Merrin convinced him to invest in digital assets in 2021. He claimed Merrin had the password to the Bitcoin wallet where the funds were kept, a development that allowed him to access the funds at will. Officers claim they have also seized several electronic devices from Merrin’s property during the raid, and each of them will be analyzed by their forensic experts. Merrin was arrested and taken to Lake Illawarra Police Station, where the charges were brought against him. In his statement, Merrin’s lawyer mentioned that he intends to defend these allegations vigorously, noting that as a successful businessman with an impeccable record, it is important to fight the charges. “Not only did he make a full, documented payment to this alleged victim, but that payment was seven times the initial investment,” he said. McGirr also mentioned that details to prove his client’s claims will be ‘revealed in the court case’. “An agreement was made [between Merrin and Ellis], but unfortunately, none of it was in writing,” McGirr claimed.…

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Filed under: News - @ November 9, 2025 10:20 am