Former Pump.Fun employee arrested, charged, bailed in UK for allegedly misappropriating $1.9 million

A former Pump.fun employee accused of using the platform to steal $1.9 million said he was arrested, charged and is currently out on bail. uk.

Jarett Dunn claimed responsibility for the attack via X on May 16. post Posted through his account “STACCoverflow”. This comes after Pump.fun accused Dunn of compromising the company by using his “privileged position” at the company to access “withdrawal power.” same corner System of creation and trading platform.

Jarett Dunn allowed the use of “very limited” devices for online posting.

“I spent the night in detention,” Dunn said in a May 19 X post. A former pump.fun employee said his mental health was “questionable”. It was also reported that he is currently hospitalized.

However, Dunn can still post to X. That’s because the facility he’s being held in provided him with a “very limited” iPad logged into his new X account, “free stacc.” He took full advantage of this opportunity and posted it online. accused His former employer committed a “much more heinous” crime.

I once again found myself without one of the 2fas for a while. I was detained overnight as the pump team claimed I had stolen their 2m. The conspiracy would have benefited them to steal another 80m.

/x https://t.co/D8CBjdB9nG

— Free stacc (@jarettdunn) May 18, 2024

In X’s thread, Dunn launched a series of polls asking his followers whether they should report the Pump.fun team’s crimes. He accused the team of multiple financial crimes and bad hiring practices in multiple jurisdictions at the same time.

Pump.Fun claims that the TVL on its platform is its money.

“It’s ridiculous that they claim the money for this claim is theirs.” Dunn X said in the post. “If I were you, I would withdraw all capital from the pump immediately.”

He claimed that Pump.fun did not deduct taxes for its overseas employees and did not provide them with work visas or appropriate contracts.

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