Former Pump.fun Employee Sits in Prison as Solana Launchpad Breaks $770M in Revenue
2025-07-17 17:22:30
Main Idea
Former Pump.fun senior developer Jarett Dunn is detained in a London prison following his guilty plea related to an attack on the platform, while Pump.fun continues to grow in popularity and revenue.
Key Points
1. Jarett Dunn, a former senior developer at Pump.fun, is being held in HMP Pentonville in London after his bail was denied multiple times.
2. Dunn had previously requested to vacate his guilty plea but later considered sticking with it to serve his time.
3. Pump.fun, despite Dunn's attack which drained $2 million, has grown significantly, reaching $770 million in revenue by July 2025.
4. Dunn's attack was motivated by a desire to 'kill Pump.fun,' but the platform has since become a major player in the meme coin market.
5. Pump.fun's success includes launching the PUMP token and becoming a central hub for meme coins like Moo Deng, Chill Guy, and Fartcoin.
Description
Jarett Dunn, once an employee of Pump.fun, faces at least seven years in prison as he awaits a hearing in the U.K. from behind bars.
Latest News
- E-Bike Maker’s Shares Soar 135% on $500 Million Bitcoin Treasury Plan2025-07-17 23:02:59
- XRP and Ethereum Are Pumping: Is Solana Next? Here’s What the Charts Say2025-07-17 22:30:42
- Ethereum ETFs Set Daily Record With $726 Million in Investments as ETH Soars2025-07-17 21:56:51
- XRP Price Hits New All-Time High After Seven Long Years2025-07-17 21:23:38
- OpenAI's ChatGPT Agent Launches With Expanded Powers—And Elevated Risk2025-07-17 20:53:50