A developer was sentenced to six years in prison for stealing approximately $2 million in SOL from his employer.
TL;DR
A former Pump.fun employee was sentenced to six years in prison for stealing $2 million in SOL from his employer, after pleading guilty to fraud and money laundering charges.
Tags
On December 18, according to Decrypt, Canadian citizen Jarett Dunn was sentenced to six years in prison by a judge in London on Thursday. He had previously pleaded guilty to two charges: abuse of power fraud and transferring proceeds of crime.
The court stated that the former Pump.fun employee had previously been under electronic surveillance for 308 days, 154 of which would count towards his sentence. In addition, he had served approximately five months in pretrial detention, which typically carries over to his final sentence.
This verdict comes more than a year after Dunn embezzled approximately $2 million worth of Solana (SOL) from his then-employer Pump.fun.