Pump.fun Developer Faces Jail Time for Embezzlement Jarret Dunn, the former lead developer of Pump.fun, is now in a London jail after allegedly violating his bail conditions. Decrypt reports that Dunn is accused of embezzling around $2 million during his brief six-week tenure at the popular Solana meme coin platform. Embezzlement Allegations and Legal Repercussions The charges stem from accusations that Dunn exploited his position to siphon funds from Pump.fun. While details of the bail violation remain scarce, his imprisonment underscores the severity of the legal proceedings he faces. The incident highlights the vulnerabilities and potential for abuse within the rapidly evolving cryptocurrency space. The case continues to develop, with further updates expected as the legal process unfolds. ```