The post Pump.fun Exploiter Arrested in London, Addresses Scandal in X Posts appeared first on Coinpedia Fintech News

Media reports have confirmed that the individual who exploited $1.9 million from the meme coin marketplace Pump.fun was recently arrested in London. The exploiter has been identified as Jarrett Dunn, a former Pump.fun employee. Dunn is accused of leveraging admin privileges and flash loans to siphon nearly $2 million. Using the alias StackOverflow on X, he posted erratically, threatened legal action against Pump.fun, and claimed to have been released on bail. Dunn resides in a hospital and plans to stay in the UK before his court appearance in August. Pump.fun has yet to comment on the situation. 1/2