Pump.fun wants to withdraw the guilty plea when the attacker’s lawyers stop the prosecution

Pump.fun Wants To Withdraw The Guilty Plea When The Attacker'S Lawyers Stop The Prosecution



Surprisingly, Jarrett Dunn (aka Stack) wants He withdrew his plea of ​​guilty. An attack on the Solana token launch pad Pump. FunMisuse of space and transfer of criminal property. In this move, the legal team dropped the case.

At the time of the attack, Dunn was a disgruntled Pump.Fun employee and said he wanted out. “Kill” the protocol. That he had been “unknowingly hurting people for a long time.”

Pump.fun a SolanaThe meme coin factory that gave birth to some The biggest signs of the yearWith countless scams, he pulls the rug, and Amazing shows that are funded– Including one user He set himself on fire to remove the token.

Pump.fun as the attacker said a siphon It is estimated at $2 million. From within the protocol, he sent the tokens to a few random, unauthorized addresses. This led to a group of observers hailing Dunn as crypto's Robin Hood, despite the attack Hurting some daily traders.

bybit

On Friday, Dunn appeared at London's Wood Green Crown Court for a sentencing hearing. If all went as planned, he would be out in cuffs, possibly facing more than seven years in prison.

But in a last-minute change of heart, the admitted Pump.fun attacker asked to withdraw his guilty plea. The move could see Dunn face more jail time.

Dunn's legal team communicated their client's wishes to the court, which the judge was surprised by. The lawyer said Dunne had been given legal advice on the decision and Dunne remained “resolute” about withdrawing the petition.

As a result, the current legal team does not represent the future. Dunn said later Decrypt The team didn't think it was a good idea to try to change the petition, so why withdraw from the case?

The Canadian citizen now has two weeks to get representation at the hearing where he wants to change his plea. If this is accepted, the case will go to trial during which many witnesses – possibly including the founders of Pump.fun – will be called to testify.

That said, there's a chance the court will deny Dunn's request.

One serious issue raised during Friday's hearing was that Dunn admitted to the crime on several occasions. This is a Public Twitter post In the minutes after the attack, he wrote, “Everybody stay calm, this is a robbery.”

Despite the big challenge ahead of him, Dunne still sees it as an important fight. He said after the hearing. Decrypt There are a few details that have yet to be revealed that will hopefully lead to a possible trial.

The former Pump.fun employee known as Stack has gained a bit of a cult following for his philosophical and crypto-related ruminations, as well as his openness about his mental health and struggles with addiction.

On Thursday, Dunn said Goodbye to the fans On Twitter (aka X) and shared hisThe last meal“As a free man – before announcing his intention to change his plea.

“We may go to trial. It may not happen. Even if they deny me tomorrow and give me seven years on the spot, it is worth trying,” he said. He wrote.

One of his followers wrote, “Good luck bro They responded by saying. “Fight my friend! Fight, else They replied.

He later He argued Followers' case alleging that the particulars in the first suit were incorrect. in one PostHe asked if anyone would testify on his behalf in a future trial sharing their criticism of Pump.fun – and more than 10 people responded.

But on Friday, Dunn stood alone at Wood Green Crown Court, with his girlfriend and friend from the substance recovery team present.

The judge asked if he needed new representation because his previous legal team could no longer represent him. “Uh…yeah,” he replied unconvincingly. The judge raised an eyebrow as she looked over her glasses at Dunn.

The whole situation was given to Dunn, he said. DecryptStating that the process is in a dreamlike state that floats from moment to moment.

“To quote ‘Fight Club': ‘You met me at the most amazing time in my life,'” he said, laughing in the courtroom.

He now has two weeks, living under the same bail conditions as the last few months, to find a new lawyer – and fight for his freedom.

Edited by Andrew Hayward.

Daily Debrief Newspaper

Start each day with top news stories, plus original features, podcasts, videos and more.

Pin It on Pinterest