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A former developer of Pump.fun was sentenced to six years in prison for "stealing approximately $2 million worth of SOL tokens from his employer."

Canadian national Jarett Dunn was sentenced to six years in prison by a London judge for fraud and transferring criminal property.

Dunn was a senior developer at Pump.fun and stole Solana tokens worth about 2 million USD from his employer in May 2024, distributing the funds to thousands of random addresses. Notably, Dunn did not keep the funds for himself but distributed them, and later admitted to the crime on social media, earning him the nickname "Cryptocurrency Robin Hood" from supporters.

Dunn had only worked at Pump.fun for six weeks at the time of the attack. The platform's total revenue was only 43.9 million USD at that time and has since grown to 927.2 million USD. Dunn attempted to frame the attack as a whistleblowing act, claiming Pump.fun was a malicious site, but the judge did not accept this argument.

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