Ragged Pump.fun senior developer Jarett Dunn is being held in a London penal complex after violating his bail instances. The dev was jailed as he awaits a hearing concerning his assault on the Solana meme coin launchpad, which has since turn out to be a roaring success—currently passing $770 million in income true thru its 17-month lifespan.
Dunn previously pleaded responsible to fraud by map of an abuse of space, as successfully as transfer of prison property, after draining an estimated $2 million from Pump.fun—where he had worked for six weeks. All over an October hearing scheduled to be his sentencing, Dunn requested to vacate his responsible plea, which resulted in his upright crew quitting the case.
Since then, the Canadian national has been trying forward to a hearing to formally withdraw his responsible plea, which the court docket might maybe perhaps additionally settle on to reject. He had been living in London all over these rupture of eight months, but moved north to Liverpool on a whim in early June. Dunn told Decrypt at the time that he didn’t like London and that he most favorite Liverpool because of its “emptiness.”
This transfer violated his bail instances, which restricted his movement and monitored him thru an ankle build. In consequence, Dunn was thrown into Walton Penal complex in Liverpool and held on remand, he announced on X. He was later moved to HMP Pentonville in London in July.
“Bail was denied a couple of times and I might maybe perhaps additionally staunch persist with a responsible plea and abet my time and invent a couple of degrees,” Dunn wrote on X. “Zero rap3s, zero beatings, food is big, and loads more cost-effective than living on my hold,” he posted.
Dunn’s upright crew didn’t acknowledge to Decrypt’s build a question to for comment.
whereas doing so.
Zero rap3s, zero beatings, food is big and loads more cost-effective than living on my hold.
Expensive followers – stand by for additional instructions. The sport is no longer over yet.
— stacc’s futard arc. (@STACCoverflow) July 8, 2025
The social media posts were made by his pal Mark Kelly, who has been communicating with Dunn thru a collection of calls from at the benefit of bars. Kelly also confirmed predominant facets concerning Dunn’s breach of bail to Decrypt.
“He’s remarkably chilly and zenlike eager in his thunder,” Kelly said.
Dunn’s detention came staunch as his damaged-down employer interesting for a big $600 million initial coin offering. Pump.fun finished its ICO earlier this week and launched its PUMP token, which is for the time being the 68th biggest cryptocurrency by market cap.
Sooner than Dunn’s assault on the platform, Pump.fun was favorite but mild in its infancy, working out of a WeWork squawk of commercial in London. Smooth, it had garnered a detrimental reputation amongst some observers because it grew to turn out to be a hotbed for pump-and-dump schemes and questionable promotional stunts—along side one man who effect of residing himself on fire for a token.
That’s why when Dunn drained $2 million from the platform and despatched the tokens to random addresses, his suporters hailed him because the crypto Robin Hood—no subject causing distress to day to day traders—which helped the attacker grow a cult-like following after he admitted to the crime.
“I staunch roughly wished to rupture Pump.fun because it’s one thing to rupture,” he said in an X Areas straight away following the assault. “It’s inadvertently damage other folks for a the truth is lengthy time, and it was staunch gonna discover worse individually,” the dev said. “It was gonna explode in flames … I staunch wished to rupture it early sooner than they managed to rupture it themselves and trigger loads more distress.”
Since then, Pump.fun has exploded in popularity and success. Its lifetime income has grown from $43.9 million at the time of the assault to $770 million in July, per Dune knowledge. Pump.fun grew to turn out to be the epicenter of the meme coin craze, birthing the likes of Moo Deng, Relax Man, and Fartcoin, as successfully as its magnificent fraction of controversial tokens.
To the supporters of free-for-all “web capital markets,” Pump.fun has matured into one among the largest and profitable crypto firms of contemporary years.
“Pump.fun is one among presumably the most damaged-down apps in crypto history,” Adam Tehc, knowledge analyst and Dune dashboard creator, told Decrypt. “It is the gas at the benefit of this Solana meme coin mosey,” he said. “It’s very necessary.”