Pump.Fun Exploit Suspect Jarett Dunn Released on Bail

IconCryptoNewsTerminal Staff20 May, 2024

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Pump.Fun Exploit Suspect Jarett Dunn Released on Bail

Pump.Fun exploit suspect, Jarett Dunn, has been released on bail after his arrest in the United Kingdom. Dunn, a former employee of the now-defunct Solana-based token issuance platform, is alleged to be involved in the draining of $300,000 worth of SOL tokens from the network. The attack took place in October 2022, and Dunn was identified as a suspect following an investigation by law enforcement agencies. He was arrested in the United Kingdom on the 17th of August, and has since been released on bail. The case is still ongoing, and it is not yet clear when or if Dunn will be formally charged.