The ex-employee alleged of exploiting pump.fun for $1.9 million claims he was arrested and charged in Britain and is now on bail.
The former employee of memecoin creation and trading platform pump.fun — who is alleged to have carried out a recent $1.9 million exploit — claims he was arrested, charged and is now on bail in the United Kingdom.
On May 16, the X user “STACCoverflow” — who had posted and confirmed their name is Jarett Dunn — claimed responsibility for the attack which pump.fun alleges used a “privileged position” to access a “withdraw authority” and compromise the protocol’s systems.
In a series of May 18 posts on a different X account, Dunn claimed he “spent overnight in custody as the pump team alleges I stole [$2 million]” and conspired to steal an additional $80 million, adding he was “released on bail and mental health sectioned.”