Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»HACKING NEWS»Mastermind of Solana Memecoin protocol Pump.fun exploit arrested in London.
HACKING NEWS

Mastermind of Solana Memecoin protocol Pump.fun exploit arrested in London.

By Crypto FlexsMay 20, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Mastermind of Solana Memecoin protocol Pump.fun exploit arrested in London.
Share
Facebook Twitter LinkedIn Pinterest Email
  • Jarett Dunn, also known as @STACCoverflow, was arrested in London for allegedly exploiting the Solana memecoin.
  • Dunn manipulated Pump.fun using flash loans to steal $2 million in liquidity.
  • Dunn, who is out on bail, confessed online, citing mental health issues and grief.

Jarett Dunn, the alleged orchestrator of the recent Solana memecoin protocol Pump.fun exploit, known online as @STACCoverflow, has been arrested in London.

The arrests follow a sophisticated 26-hour intelligence operation led by third-party stakeholders who joined a private intelligence firm to track Dunn’s activities.

Jarett Dunn was arrested at the Middle Eight Hotel.

The operation culminated in the early hours of 18 May when local agents, or “assistants”, pinpointed Dunn’s location at the Middle Eight Hotel in Covent Garden.

British authorities arrested Dunn after a seven-hour search, and he was released on bail until his court appearance in August.

Pump.fun flash loan exploit

Dunn, a former contractor, was accused of exploiting the Solana-based Pump.fun protocol by leveraging flash loans on the Raydium lending platform.

Flash loans allow users to borrow large amounts of capital without collateral, provided the loan is repaid within the same transaction.

Dunn reportedly manipulated the Pump.fun bonding curve to access and withdraw significant liquidity, making a $2 million profit in the process.

In the aftermath of the attack, Dunn confessed his involvement via social media. His posts on

Dunn also opened up about his mental health struggles and the recent loss of his mother, suggesting emotional distress played a role in his actions.

The attack prompted Pump.fun to work closely with law enforcement to investigate the breach. An initial theory from Igor Igamberdiev, head of research at cryptocurrency marketplace maker Wintermute, pointed to an internal private key leak.

Dunn’s erratic tweets have since confirmed his role, but the specifics of his proposed distribution of funds remain unclear.

As the investigation continues, the cryptocurrency community is closely watching further developments in this notable case.


Share this article

category

tag

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The August password hacking was $ 163 million as the risk of Exchange increased.

September 7, 2025

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Solana-packee blockchain manually spreads

September 3, 2025
Add A Comment

Comments are closed.

Recent Posts

CryptoMiningFirm Allows XRP Holders To Earn $17,969 Daily – CryptoMiningFirm Launches XRP Mining Contracts

September 10, 2025

Eightco Holdings Inc. Closes $270 Million Private Placement As First Worldcoin (WLD) Treasury Strategy

September 10, 2025

Bitget Launchpool is rewarded with Bitcoin (PTB) on the portal as a 30.8m token.

September 10, 2025

JUST IN: THE XRP MEMECOIN HAS HIT THE MARKET

September 10, 2025

Skale Labs fairly publishes a technical white paper and introduces the industry’s first “encryption proof” consensus protocol.

September 10, 2025

Expect what XRP ETF is approved by the SEC

September 9, 2025

Bitcoin Price Struggle $ 113K -Will Bulls take a break?

September 9, 2025

Earn $60,000 USD Per Day And Withdraw Cash At Any Time

September 9, 2025

House Of Doge And Bitstamp By Robinhood Announce Strategic Partnership For NYSE:ZONE Treasury

September 9, 2025

SKY bids to publish a USDH Stablecoin of Hyper Clicade

September 9, 2025

Dogecoin Is Rising! Use Dogecoin (DOGE) To Start A Bitcoin Mining Rig And Earn $5,000 A Day.

September 9, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

CryptoMiningFirm Allows XRP Holders To Earn $17,969 Daily – CryptoMiningFirm Launches XRP Mining Contracts

September 10, 2025

Eightco Holdings Inc. Closes $270 Million Private Placement As First Worldcoin (WLD) Treasury Strategy

September 10, 2025

Bitget Launchpool is rewarded with Bitcoin (PTB) on the portal as a 30.8m token.

September 10, 2025
Most Popular

Binance Launches ‘Word of the Day’ Game, Offering 500,000 Points as Rewards

July 29, 2024

Crypto Digital Marketing Agency to Elevate Your Project

July 13, 2025

Distributed financial introduction

August 24, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.