According to Foresight News , citing Decrypt, former Pump.fun employee Jarett Dunn pleaded guilty to fraud and transferring proceeds of crime and was sentenced to two six-year prison terms, to be served concurrently. The former Pump.fun employee had been under electronic tagging for 308 days, 154 of which will count towards his sentence. He was also remanded in custody for approximately five months, which typically counts automatically towards his sentence.
This verdict came more than a year ago when Dunn stole approximately $2 million worth of Solana (SOL) from Pump.fun, where he was working at the time. Instead of keeping the money for himself, Dunn distributed the funds to thousands of random addresses and subsequently confessed to his crime on social media.
