Former Pump.fun Developer Jarett Dunn Sentenced to Six Years for $2M Solana Theft
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Jarett Dunn, a former Pump.fun developer, was sentenced to six years in prison for draining $2 million in Solana from the platform. He distributed the funds to random addresses and confessed publicly, earning a ‘crypto Robin Hood’ nickname despite his fraud conviction. Jarett Dunn pleaded guilty to fraud by abuse of position and money laundering after siphoning funds from Pump.fun. The incident occurred in May 2024, when Dunn, a Canadian national, worked as a senior developer for the meme coin platform. Pump.fun’s revenue has grown from $43.9 million to over $927 million since the hack, per Dune Analytics data. Jarett Dunn Pump.fun sentence: Former developer gets 6 years for $2M Solana theft. Explore the case details, court outcomes, and crypto security implications. Stay informed on blockchain fraud—read now for key insights. What is the Jarett Dunn Pump.fun Sentence? Jarett Dunn Pump.fun sentence refers to the six-year prison term handed down to the Canadian developer for defrauding his employer. In a London court, Dunn was convicted of fraud by abuse of position and transferring criminal property after extracting approximately $2 million in Solana tokens from the platform. The sentencing accounts for time already served, including 308 days on electronic tag and five months in remand, reducing the effective term. How Did Jarett Dunn Execute the Pump.fun Hack? The Pump.fun platform, known for enabling quick meme coin creation, was in its early growth phase when Dunn joined as a senior developer in early 2024. Working for just six weeks, he accessed internal systems to drain funds equivalent to $2 million in SOL. Rather than pocketing the money personally, Dunn scattered it across thousands of random wallet addresses, a move that puzzled investigators but aligned with his public persona as a disruptor. Immediately after the breach, Dunn took to social media platform X…
