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Former Pump developer According to reports.
A Canadian national, who originally admitted to the fraud accusation, is now trying to withdraw his request and face at least seven years in prison.
His detention comes when his former employer turned into one of the most successful crypt platforms and recently completed the initial offer of coins of $ 600 million and exceeded lifelong income of $ 770 million.
Messages: According to Decrypt, ex-@Pumpdotfun Senior Dev @Staccoverflow (Jaretta Dunn) is trapped in London for a violation of deposit conditions and faces at least 7 years in prison. Last year stole ~ $ 2 million from pumpfun and sent it to a random address .. pic.twitter.com/5mqgwuppn
– Solanafloor (@Solanafloor) 18 July 2025
Theft and its consequences
Dunn’s attack on the pump. Fun appeared during his short six -day employment in the company in May 2024, using his approach to private keys to release the funds from the curve contracts.
The stolen SOL tokens worth approximately $ 2 million were intended to transfer to a decentralized Raydium exchange, but instead they were diverted to unrelated addresses of the wallet.
Rather than maintaining funds, Dunn immediately began to AirDropping stolen tokens at random addresses of the wallet and chose the holders of various Solan and NFT tokens as unconscious recipients. His actions made the pump.fun to temporarily close his platform while investigating violations and cooperating with the enforcement of law.
Within minutes of exploitation, Dunn requested liability through his Twitter account and erratically published his actions and motivation.
“Everyone is fine, that’s robbery,” he wroteHe added that he was “Are you going to change the course of history” and was expected “Horry in prison.”
During the Twitter Spaces session immediately after the Dunn attack, he expressed contempt for the platform he focused on.
“I just wanted to kill the pump.Fun because it’s something to do,” Said and claimed the platform had “Unintentionally hurt people for a long time.”
Described the company as “Great by” and said he had “Personal Complaints” against his leadership.
Dunn originally confessed to the accusation of fraud in October 2024, but asked to withdraw from his actions while planning his conviction. His legal team subsequently left the case and let him manage complicated legal management while living in London under the conditions of deposit, which included restrictions on movement and electronic monitoring.
Breach of his deposit conditions occurred at the beginning of June 2025, when Dunn moved from London to Liverpool without permission, which violated the conditions of his release.
He was then arrested and held in Walton prison in Liverpool before being converted to the Pentonville of London, where he stays on the valve and waits for a formal hearing to withdraw his guilt.
His friend Mark Kelly, who communicated with Dunn through calls from behind the bars, confirmed the details of the bail violation to the media media.
“He’s remarkably cool and zen that is considering his situation,” Kelly said.
A growing epidemic of cryptus attacks
Dunn’s case contributes to the growing trend of initiated threats in the cryptocurrency industry, where employees with privileged approach use their positions for personal profit or ideological reasons.
Recent incidents include Coinbase rejects a $ 20 million demand In May 2025, after employees of overseas support were bribery to penetrate user data and Pond.fun who suffered a hack in March 2025Reportedly committed by its own main software engineer who has exhausted liquidity through Blockchain’s personal data protection protocols.
@COINBASE Published a data violation including a small sub -group of information about customers.#Coinbase #Databreach https://t.co/qfbemf3cc0
– Cryptonews.com (@cryptonews) May 15, 2025
South Korea also recently condemned the illegal operator of XRP exchange to eight years in prison for cheating investors of $ 3.4 million.
Since the Dunna attack, the platform has evolved out of the Outside of the Wework in London to become what analysts describe as “One of the most widely used applications in the history of crypto.”
Despite the success of the pump.Fun, he was also constantly criticized for allegedly facilitating the schemes of pumps and shock absorbers and dubious promotional tactics.
Contribution Ex-pump.fun Dev for $ 2m theft trapped in London for bail violations, faces 7+ years in prison He appeared for the first time Cryptonews.
