Former Pump.fun developer sentenced to 6 years in prison for stealing approximately $2 million SOL from employer

By: theblockbeats.news|2025/12/18 23:16:07
0
Share
copy

BlockBeats News, December 18th, according to Decrypt's report, Canadian national Jarett Dunn was sentenced to 6 years in prison by a judge in London on Thursday. He had previously pleaded guilty to two charges of abusing his position to commit fraud and transferring criminal proceeds.

The court stated that the former Pump.fun employee had already been under electronic monitoring for 308 days, with 154 days to be counted towards his sentence. Additionally, he had spent about 5 months in pre-trial detention, which usually automatically deducts from his final sentence.

It has been over a year since Dunn moved around $2 million worth of Solana (SOL) from his then-employer Pump.fun.

You may also like

Stop Talking About Gold, Bitcoin Is Not a Safe Haven Asset

One cannot rely on macro narratives like "Gold Rotation" to determine whether Bitcoin has bottomed. True bottom signals will only appear during position unwinding and extreme pessimistic sentiment.

Aave Founder: What Is the Secret of the DeFi Lending Market?

When on-chain lending becomes significantly cheaper to operate end-to-end compared to traditional lending, mass adoption becomes not a question of if, but of when.

The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes

What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.

How Smart Money Tracker Survived Live AI Trading at WEEX AI Hackathon

Discover how WEEX AI Trading Hackathon tested strategies with real capital—no simulations. See how Smart Money Tracker survived flash crashes and leveraged 18x in live markets.

80% Win Rate to 40% Drawdown: An AI Trader's Brutal Recalibration at WEEX AI Wars

Dive into the technical blueprint of an AI trading system built on LLaMA reasoning and multi-agent execution. See how Quantum Quaser uses confidence thresholds & volatility filters at WEEX AI Wars, and learn the key to unlocking 95% win rate trades.

AI Trading Strategy Explained: How a Beginner Tiana Reached the WEEX AI Trading Hackathon Finals

Can AI trading really outperform human emotion? In this exclusive WEEX Hackathon finalist interview, discover how behavioral signal strategies, SOL trend setups, and disciplined AI execution secured a spot in the finals.

Popular coins

Latest Crypto News

Read more