Former Pump.fun developer sentenced to 6 years in prison for stealing approximately $2 million worth of SOL from employer

BlockBeats News, December 18, according to Decrypt, Canadian national Jarett Dunn was sentenced to six years in prison by a judge in London on Thursday. He had previously pleaded guilty to two charges: fraud by abuse of position and transferring criminal property.

The court stated that the former Pump.fun employee had already been electronically monitored for 308 days, of which 154 days would be credited toward his sentence. In addition, he had served about five months in pre-trial detention, which is typically automatically deducted from the final sentence.

This verdict comes more than a year after Dunn embezzled approximately $2 million worth of Solana (SOL) from his then-employer Pump.fun.