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

The Year Trump Embraced Cryptocurrency

IOSG: Port and New City, Two Cryptoverse Views of BNB Chain and Base

4 Years of Web3 Entrepreneurship: 7 Key Takeaways

Key Market Intelligence on December 30th, how much did you miss out on?

Matrixdock 2025: The Practical Path to Sovereign-Grade RWA of Gold Tokenization

Without Narrative Power, Web3 Will Not Tap into the Vastness

From Failures to Success: Building Crypto Products That Truly Matter
Key Takeaways Building infrastructure in crypto doesn’t guarantee success; understanding user needs is critical. Products aimed at younger…

The Eve of a Federal Pivot: Evaluating the Looming Change in the U.S. Central Bank
Key Takeaways Investors are gearing up for potential changes in Federal Reserve policy, with concerns about independence and…

UNI Burn Arbitrage Opportunity, Ondo Tokenized Stock Liquidity Debate, What’s the Overseas Crypto Community Talking About Today?
Key Takeaways The crypto market is buzzing with multi-threaded discussions, from macro trends to specific protocols and scams.…

Yield Farming at 86% APY? How to Use Bots to “Earn While You Sleep” on Polymarket
Key Takeaways Polymarket presents untapped opportunities for bot utilization, despite existing competition. A proprietary trading bot streamlines the…

“Elon Musk’s Nemesis Trade” Colossal ETH Short Sparks Debate in Crypto Circles
Key Takeaways A colossal short position was secured against Ethereum (ETH) worth approximately $106 million by a single…

Dragonfly Partner Foresees BTC Surpassing $150K by 2026 but Market Share Decline
Key Takeaways Bitcoin is anticipated to climb over $150,000 by the end of 2026, although its market dominance…

Elon Musk Liquidation Wall: Liquidates $106M Short Position, Faces $479K Loss
Key Takeaways A $106 million ETH short position was liquidated after just 15 hours, resulting in a $479,000…

After 500 Rejections, I Started Building a Product People Actually Use

UNI Burn Arbitrage Opportunity, Ondo Tokenized Stock Liquidity Debate, What's the Overseas Crypto Community Talking About Today?

December 29th Market Key Intelligence, How Much Did You Miss?

Ten People Redefining the Power Boundaries of Crypto in 2025
From Wall Street to the White House, from Silicon Valley to Shenzhen, a new power network is taking shape.
