Ex-Pump.fun Dev Behind $2M Theft Jailed in London for Bail Breach,
0Crypto hack
pump.fun
Crypto Journalist
Anas Hassan
Crypto Journalist
Anas Hassan
About Author
Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.
Author Profile
Share
Copied
Last updated:
July 18, 2025
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
Former Pump.fun senior developer Jarett Dunn sits in a London prison after breaching his bail conditions while awaiting trial for stealing approximately $2 million from the launchpad in May 2024, according to reports.
The Canadian national, who had initially pleaded guilty to fraud charges, is now attempting to withdraw his plea and faces at least seven years in prison.
His detention comes as his former employer has transformed into one of crypto’s most successful platforms, recently completing a $600 million initial coin offering and surpassing $770 million in lifetime revenue.
The Theft and Its Aftermath.
Dunn’s attack on Pump.fun occurred during his brief six-week employment with the company in May 2024, when he exploited his access to private keys to drain funds from bonding curve contracts.
The stolen SOL tokens, worth approximately $2 million, were intended for transfer to the Raydium decentralized exchange, but were instead diverted to unrelated wallet addresses.
Rather than keeping the funds, Dunn immediately began airdropping the stolen tokens to random wallet addresses, selecting holders of various Solana tokens and NFTs as unwitting recipients. His actions prompted Pump.fun to temporarily shut down...
https://cryptonews.com/news/ex-pump-fun-dev-behind-2m-theft-jailed-in-london-for-bail-breach-faces-7-years-prison/
#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple