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# Pump.fun’s 'Robin Hood' Is Out of Prison—and Wants His Conviction Overturned
- URL: https://theindex.site/pump-funs-robin-hood-is-out-of-prison-and-wants-his-conviction-overturned/
- Published: 2026-11-05T17:00:28.000Z
- Updated: 2026-11-05T20:46:07.000Z
- Description: Jarett Dunn drained $2 million from Pump.fun and went to prison. Now free, he says he’d do it again.
- Author: Ryan Gladwin
- Tags: Issue 04, Culture

Jarett Dunn is home now. He's living in a flat with a friend, not far from Niagara Falls. Life is relatively normal.

Not long ago, he was rotting in one of Britain's "[grimmest prisons](https://www.theguardian.com/commentisfree/2015/jul/06/pentonville-prison-worst-in-britain-drugs-overcrowding-chief-inspector-report?ref=theindex.site)" after he was sentenced to six years behind bars by a London court in December 2025\. The punishment was the result of Dunn draining approximately $2 million from a wallet controlled by his then-employer Pump.fun—at the time a scrappy meme coin launchpad, now one of crypto’s biggest companies.

Luckily for Dunn, Britain was in the midst of a prison overcrowding crisis, which pushed the Labour government to [bring in a new rule](https://www.gov.uk/government/news/foreign-criminals-to-face-immediate-deportation?ref=theindex.site) letting it deport foreign criminals much earlier in their sentences than usual. So in April, he was [put on a plane](https://twitter.com/STACCoverflow/status/2044105182242582932?ref=theindex.site) with a five-strong entourage courtesy of His Majesty and flown home to his family.

Now, lying sideways on his bed and puffing on a fruity vape on a video call with *The Index*, Dunn says he thinks he can get his conviction overturned. He claims there was a miscarriage of justice, and that Pump.fun will soon be exposed. Almost in the same breath, he says he doesn’t regret a thing. If anything, he wishes he’d done more damage.

"I have a very strong case for having the conviction overturned at some point in the future," he says. "We'll see what happens, but the more that unravels, the more unsightly it is for that conviction to stay for the state of the United Kingdom."

## The Crime

For those who don't know, Pump.fun is a platform that allows anyone to create a meme coin for free in just a few seconds. Dunn was one of the company's earliest employees, joining in April 2024\. 

Dunn tells *The Index* the company paid for his passport and flights to England. It was only his second time out of Canada, he said, the first being a military exercise in the US when he was 16.

"It was all very exciting," he tells *The Index*. "I knew exactly what kind of success that I was walking into, if I had just kept my nose down and shut the fuck up. But I didn't because the level of evil is far beyond the financial aspect of it."

The attack, the Canadian claims, was a botched attempt at whistleblowing. After just six weeks inside Pump.fun, he alleges he saw the company disregarding anti-money laundering and know-your-customer laws, as well as alleged plans for “rampant crimes against humanity.” (The prosecution didn’t buy it, dismissing the whistleblower angle as “post-arrest spin.”)

In early May 2024, Pump.fun's popularity spiked as people livestreamed silly stunts and sexualized themselves to pump tokens—often before selling for sizable gains. One of the first: a woman claiming to be a mom promised views of her supposed son pouring milk over her “36DDs," [as she put it](https://x.com/shaammrock/status/1785978389527969875?s=20&ref=theindex.site), if the token reached a $250,000 market cap. It did, but then the stream instantly shut off with no milk being spilled (but maybe a few people crying over it).

Pump.fun saw viral stunts like this and scrambled to add streaming as a native feature. Dunn [claims](https://x.com/STACCoverflow/status/2067136664061821299?ref=theindex.site) the founders were aware of sexually explicit livestreams featuring underage girls yet created a native streaming feature without age verification. A line had been crossed for Dunn.

Alon Cohen, co-founder of Pump.fun, did not respond to *The Index's* request for comment.

Then, on May 16, 2024, Dunn struck. Using a private key only a Pump.fun insider would have, he diverted roughly $2 million worth of Solana, then airdropped the lot to thousands of random wallets. Within minutes, he’d [confessed](https://x.com/STACCoverflow/status/1955677647574622230?s=20&ref=theindex.site) on X. “Everybody be cool, this is a robbery,” he wrote. “I’m about to change the course of history. \[And\] then rot in jail.”

It won him a cult following among people who saw Pump.fun as little more than a casino (and, presumably, among the people he’d just sent free money). They hailed him as crypto’s Robin Hood.

Four days later, Dunn was arrested at a London hotel, a stone’s throw from the WeWork Pump.fun was operating out of at the time.

After Dunn's attack, [Pump.fun added livestreaming](https://decrypt.co/232837/solana-meme-factory-pump-fun-adds-livestreaming-feature-what-could-go-wrong?ref=theindex.site) natively, and months later child sexual abuse material was found on the site. Pump.fun co-founder Cohen told [*Decrypt*](https://decrypt.co/287919/solana-pump-fun-video-feature-goes-wrong?ref=theindex.site) at the time that it had a moderation team that removed similar content in the past—this was just one case that had slipped through the cracks.

By November 2024, things had boiled over on the platform. Streamers fired [guns](https://x.com/Boldyxyz/status/1859686670196781184?s=20&ref=theindex.site) out of windows, binged drugs on camera, set themselves on [fire](https://x.com/Ryan%5FS%5FGladwin/status/1793707162692145432?s=20&ref=theindex.site), abused [animals](https://x.com/heishin%5Feth/status/1868813946356154585?s=20&ref=theindex.site), and one even faked their [own suicide](https://x.com/DoucheCanoe15/status/1861096512031187083?s=20&ref=theindex.site). Pump.fun was forced to cut the feature—before reintroducing it months later with much stricter moderation.

That December, the UK’s Financial Conduct Authority issued a warning about the launchpad, and Pump.fun blocked British users soon after. Pump.fun is also facing several lawsuits, including a $5.5 billion racketeering [lawsuit](https://decrypt.co/331528/solana-pump-fun-amended-rico-suit-alleging-meme-coin-gambling?ref=theindex.site) in New York.

Dunn reckons that once these lawsuits play out and more comes out about the launchpad, his “redemption arc” will begin: conviction overturned, record wiped, maybe even a trip back to the UK.

The legal proceedings were messy too. Dunn claims his legal team wrongfully advised him to plead guilty; he followed the advice but couldn't withdraw the plea once he changed his mind. He eventually broke bail conditions, was put in prison on remand, and was sentenced a few months later.

"I was given a lot of really bad advice," Dunn says. "The facts weren't even presented, the facts were presented a month, I think, after I pleaded. I plead on blind faith alone what \[they later\] didn't agree were the facts."

 So, does he regret the attack?

"No, I would have done a lot better. I would have done a lot more damage," Dunn says*. "*And I would have kept some, at least a little bit, for myself. That’s what I’ve learned."

But, for now, he has to try to survive the real world as an ex-convict—and that's proving to be difficult.

## Surviving

For a man who did time in one of Britain’s worst prisons, Dunn remembers it fondly. He says he loved the forced detox from tech. The problem is, now he’s out, tech is the only way he knows how to make money.

It turns out being convicted of a $2 million fraud against one of crypto’s biggest companies doesn’t do wonders for your job prospects.

Inside crypto, he's effectively "canceled," he says, and outside of crypto, a resume dominated by crypto projects is seen as a joke. One potential employer told him they could revisit talks once he'd "regained reputation."

So he’s resorted to building weird little projects, he says, monetizing them by either selling them or slapping a meme coin on top. He’s made so many it’s impossible to keep count. Recent highlights include a [fruit fly brain](https://x.com/fly%5Felon?ref=theindex.site) hooked up to Elon Musk’s posts that tweets on its own, a private local [AI model](https://zeroknows.ai/?ref=theindex.site), and an [NFT fighting game](https://magick.academy/?ref=theindex.site).

The problem is: Dunn has a habit of creating a project, focusing on it for a short period, and then dropping it like an old toy. That’s earned him an army of haters, some of whom call him "on-chain Hitler." One claimed Dunn gets "everyone into an on-chain gas chamber, watches them die, then does it again." Yes, that’s a real quote from an unsurprisingly *anonymous* source.

"I make an awful lot of tech, and it scares people," Dunn says. "You also have people that do get burned, and I do feel terrible for that."

Ultimately, he's become part of an industry that he set out to destroy—sorry, whistleblow against—and he knows it.

"I feel like I'm buying into the actual narrative that I hate… I have become that which I hate," Dunn says. "A lot of people say to me, if you're the anti-Pump.fun guy, why are you doing meme coins? I don't think I have another option. I really don't. And so I'm really stuck in this cycle of exactly what I'm doing."

Until that conviction is overturned, if it ever is, Dunn expects he’ll keep doing exactly that: hustling onchain, one coin at a time.