Jarett Dunn, a former senior developer at Pump.fun, pleaded guilty to committing fraud and transferring criminal property by draining 2 million USD in Solana. His conviction follows a series of legal troubles, including imprisonment for violating bail conditions.
Pump.fun has since regained market strength, representing 77% of Solana tokens created by launchpads. Dunn, now in custody, awaits sentencing that could occur in the coming weeks, with discussions about potential mitigating circumstances regarding his mental health.
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