2024

Coin

<ul class="news-points">
 <li><strong>Ex-employee arrested in $1.9M crypto exploit.</strong></li>
 <li><strong>Blames platform, claims innocence.</strong></li>
 <li><strong>Legal case ongoing, restrictions imposed.</strong></li>
</ul>
<p>Jarett Dunn, a former employee of the Solana-based memecoin launchpad pump.fun, has publicly disclosed his recent arrest by London Police in connection with an alleged $1.9 million exploit at the platform. Dunn, who uses the online aliases “staccoverflow” and “freestac,” detailed his arrest and subsequent release on bail in a series of social media posts.</p>
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   <p lang="en" dir="ltr">My name is Jarett Dunn. Loosely translated I stop full stop.</p>— <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1fa82.png" alt="🪂" class="wp-smiley" style="height: 1em; max-height: 1em;">staccoverflow ; j'arrête ; (@STACCoverflow) <a href="https://twitter.com/STACCoverflow/status/1791463294991007782?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 17, 2024</a>
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<p>Following the theft of $1.9 million in funds, pump.fun <a href="https://coinedition.com/pump-fun-exploit-ex-employee-steals-1-9m-in-sol-tokens/" rel="noopener noreferrer nofollow">accused</a> its former employee as responsible for the exploit, claiming that he misappropriated nearly 12,300 SOL using his privileged position.</p>
<p>Through his online posts, Dunn explained his arrest and its aftermath, stating that he was hospitalized following the incident. He further claimed, “Authorities detained me on suspicion of stealing $2 million of what pump.fun alleges are ill-gotten gains, with plans to steal an additional $80 million.”</p>
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   <p lang="en" dir="ltr">I am once again without any of my 2fa for a lil while. I spent …</p>
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<p>The post <a href="https://coinedition.com/crypto-heist-or-revenge-story-ex-employee-arrested-in-1-9m-case/" rel="noopener noreferrer nofollow">Crypto Heist or Revenge Story? Ex-Employee Arrested in $1.9M Case</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Crypto Heist or Revenge Story? Ex-Employee Arrested in $1.9M Case

Coin Edition

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