Pump.fun exploiter claims he was arrested in UK and 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.”
Dunn added he is now being kept in a hospital and is posting from an iPad it issued to him. He added his mental health “was taken into question and I am likely unfit for [police] interview” and that could happen after his bail if he is fit for questioning.
Dunn, a Canadian national, said the local embassy emailed his family “a list of lawyers” but added he is “not able to communicate with them” until he recovers his devices of which “2/5 are seized,” he claimed .
He said he still had his passport and authorities did not caution him that he was not allowed to leave the country.
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In a message to another X user, The Rollup, Dunn reportedly said he must return to a police station on Aug. 15. The account also claims a private intelligence company was hired to find Dunn in London.
In another X post, Dunn rallied for U.K. citizens to file charges against a locally-based company he claimed was a pump.fun entity and said his bail conditions disallow him from communicating with the firm and its CEO.
Pump.fun did not respond to a request for comment. The private intelligence firm reported to be involved in locating Dunn did not immediately respond to a request for comment.
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Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.
