Pump Fun Hacker Jarett Dunn Seeks to Withdraw Guilty Plea Amid Legal Setbacks

• Jarett Dunn is seeking to withdraw his guilty plea in the Pump Fun hack case.
• Following his plea withdrawal attempt, Dunn’s legal team has stepped down, giving him two weeks to secure new representation.
• If the court grants his plea withdrawal, Dunn could face a trial, which may lead to a longer prison sentence.

Jarett Dunn has filed to withdraw his previous guilty plea concerning his high-profile attack on the Solana token launchpad, Pump Fun. Dunn initially admitted to orchestrating an attack that reportedly siphoned $2 million in assets from the platform. If his plea retraction is granted, he now faces the possibility of a trial. 

The motion, filed in London’s Wood Green Crown Court, comes just two months after Dunn’s guilty plea, which was expected to lead to a lengthy prison sentence. Following this change, Dunn’s legal team withdrew from the case, citing their inability to continue under these revised circumstances. The hacker now has a two-week window to secure new legal representation.

Dunn, a former employee of Pump Fun, reportedly harbored strong dissatisfaction with the protocol. At the time of the attack, he allegedly intended to “kill” the project, claiming it had negatively impacted individuals for a prolonged period. 

Pump Fun, a Solana-based memecoin platform known for launching various tokens, has gained notoriety for facilitating projects ranging from successful tokens to scams and rug pulls. 

This tumultuous reputation may have influenced Dunn’s stance, leading him to redistribute the stolen tokens across numerous random, non-consenting addresses in a move observers described as “crypto’s Robin Hood.”

Dunn requested to withdraw his guilty plea during his Friday appearance at London’s Wood Green Crown Court. Should the court grant this request, his case will proceed to trial, where he could face a potentially lengthier prison sentence. 

He may also face testimony from key witnesses, including Pump Fun’s founders. However, the court retains the right to reject his plea withdrawal, citing his public admissions of guilt and a controversial social media post shortly after the attack, in which he likened the event to a “robbery.” 

Dunn’s lawyers announced their withdrawal from his case after his plea withdrawal attempt. Now left to find new representation within two weeks, Dunn appeared in court without legal counsel, accompanied solely by his girlfriend and a friend from his recovery group. 

The court granted him additional time to arrange new legal representation, though the path ahead remains fraught with challenges. Until his next court appearance, Dunn will remain on the same bail conditions he has adhered to over recent months.