In a surprising turn of events, Jarett Dunn, also known as Stacc, has made the decision to withdraw his guilty plea in the case involving an attack on the Solana token launchpad Pump.fun. This move has resulted in his legal team stepping down from the case.
Dunn, who was a former employee of Pump.fun at the time of the attack, expressed his desire to “kill” the protocol, citing harm caused to individuals over a prolonged period. Pump.fun, a Solana-based meme coin factory, has been responsible for the creation of some of the biggest tokens of the year, as well as numerous scams and questionable financial activities.
During the attack on Pump.fun, an estimated $2 million was siphoned from the protocol, with the stolen tokens being sent to various non-consenting addresses. Despite some viewing Dunn as a crypto “Robin Hood” for his actions, everyday traders were still negatively impacted by the attack.
Initially scheduled for sentencing at London’s Wood Green Crown Court, Dunn made a last-minute decision to request the withdrawal of his guilty plea. This unexpected move could potentially lead to an extended prison sentence for Dunn.
In response to Dunn’s request, his legal team informed the court of his decision, emphasizing his determination to change his plea. Consequently, his current legal representatives have chosen to withdraw from the case. Dunn now has a two-week window to secure new legal representation for a hearing where he will seek to alter his plea. If successful, the case will proceed to trial, likely involving testimony from witnesses, including Pump.fun founders.
Despite facing significant challenges ahead, Dunn remains resolute in his decision to pursue a trial. Known for his philosophical musings and candid discussions about mental health and addiction, Dunn, also known as Stacc, has garnered a devoted following. He bid farewell to his supporters on social media before announcing his intention to change his plea.
As Dunn navigates the legal process and seeks new representation, he reflects on the surreal nature of the situation, likening it to a dreamlike state. With the support of his girlfriend and a friend from his substance recovery group, Dunn is determined to fight for his freedom and confront the charges against him.
The unfolding events surrounding Dunn’s case highlight the complexities of the legal system and the personal stakes involved. As he faces the prospect of a trial and potential repercussions, Dunn remains steadfast in his resolve to challenge the allegations against him and seek a different outcome.