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Home»Cryptocurrency»Footy star learns his fate after admitting to stealing $140,000 in cryptocurrency from a mate
Cryptocurrency

Footy star learns his fate after admitting to stealing $140,000 in cryptocurrency from a mate

December 18, 20253 Mins Read

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  • Trent Merrin faced Port Kembla Local Court
  • Teammate was ex-Dragons star Kaide Ellis 

By MAEVE BANNISTER FOR AUSTRALIAN ASSOCIATED PRESS and ANDREW PRENTICE, SPORTS REPORTER, AUSTRALIA

Published: 22:44, 18 December 2025 | Updated: 02:38, 19 December 2025

Former NRL star Trent Merrin has admitted to stealing $140,000 worth of cryptocurrency from a friend – but walked away without a conviction.

Merrin, 36, a former State of Origin and Australian Test player, was sentenced to an 18-month community release order.

He was charged after his former friend and St George Illawarra Dragons teammate Kaide Ellis reported $140,000 worth of bitcoin missing, sparking a year-long police investigation.

Court documents revealed Merrin advised Ellis to create a cryptocurrency account in 2020 while the pair were playing for the Dragons.

Ellis invested about $15,000 initially, but by the end of 2021 his investment was worth $90,000 as the value of bitcoin soared.

In 2023, Merrin helped Ellis set up a ledger via a USB dongle to hold the crypto, offering extra protection from fraud.

Former NRL star Trent Merrin has admitted to stealing $140,000 worth of cryptocurrency from a friend - but walked away without a conviction

Former NRL star Trent Merrin has admitted to stealing $140,000 worth of cryptocurrency from a friend – but walked away without a conviction

Merrin, 36, a former State of Origin and Australian Test player, was sentenced to an 18-month community release order (pictured, playing for the NSW Blues)

Merrin, 36, a former State of Origin and Australian Test player, was sentenced to an 18-month community release order (pictured, playing for the NSW Blues)

Merrin was charged after former St George Illawarra Dragons teammate Kaide Ellis (pictured) reported $140,000 worth of bitcoin missing, sparking a year-long police investigation

Merrin was charged after former St George Illawarra Dragons teammate Kaide Ellis (pictured) reported $140,000 worth of bitcoin missing, sparking a year-long police investigation

But the duo stopped talking after a breakdown in their friendship.

In late 2024, Ellis believed his bitcoin should be worth $140,000, but when he logged into his ledger he discovered his balance had been drained to zero.

During the investigation, police traced the bitcoin to a crypto account belonging to Merrin.

He did not deny transferring the cryptocurrency from Ellis’s account, but he said he thought it was his own, court documents said.

Merrin offered to pay Ellis back this year, just a few weeks before he was arrested.

Following a guilty plea, the ex-NRL star was sentenced in Port Kembla Local Court to a conditional release order that will expire in June 2027.

The order requires Merrin to not commit any offence and appear before court if called to do so any time during the next 18 months.

During his rugby league career, Merrin played 13 games for NSW and was part of the team’s drought-breaking success in 2014.

He also played seven Tests for Australia and more than 150 games for the Dragons, winning the 2010 NRL grand final.

In 2015, he signed a five-year contract with the Penrith Panthers and then played one season in the English Super League with Leeds.

Merrin retired from the sport in April 2021, aged 32.

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Footy star learns his fate after admitting to stealing $140,000 in cryptocurrency from a mate

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