Former Pump.fun Employee Pleads Guilty to Abuse of Power, Fraud, and Transferring Criminal Proceeds
According to Jinse Finance, former senior developer at Pump.fun, Jarett Dunn, has pleaded guilty to charges of abuse of power for fraud and transferring criminal property. Jarett Dunn was convicted for stealing tokens worth approximately $2 million. Two months ago, he violated his bail conditions and is currently in jail awaiting sentencing.
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The altcoin season index remains at a low level, currently at 22.
By the end of December, approximately 1.5 million ETH will be unstaked.
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