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Former Pump.fun Employee Sits in Prison as Solana Launchpad Breaks $770M in Revenue

From decrypt.co

Former Pump.fun senior developer Jarett Dunn is being held in a London prison after violating his bail conditions. The dev was jailed as he awaits a hearing regarding his attack on the Solana meme coin launchpad, which has since become a roaring success—recently passing $770 million in revenue during its 17-month lifespan. Dunn previously pleaded guilty to fraud by way of an abuse of position, as well as transfer of criminal property, after draining an estimated $2 million from Pump.fun—where he had worked for six weeks. During an October hearing scheduled to be his sentencing, Dunn requested to vacate his guilty ... (full story)

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