Jarett Dunn, seeks to withdraw his guilty plea in the Pump Fun assault case after his legal team withdrew.
As a result of an unexpected turn of circumstances, Jarett Dunn, better known as Stacc, has begun the process of withdrawing his guilty plea in connection with his assault on the Solana token launchpad Pump.fun.
Allegations of abuse of position and the transfer of illegal property led to a surprise move. As a result of his attorneys withdrawing from the case, he has changed his mind about the matter.
Pump Fun Attacker Seeks to Withdraw Guilty Plea as Lawyers Quit Case
Two months after entering a guilty plea for the attack on the Solana memecoin launcher Pump Fun, Jarett Dunn attempted to diverge from his original line of action. The attack was carried out by an employee at Pump Fun, who was dissatisfied with his job and intended to “kill” the protocol.
He specifically mentioned that the protocol had “inadvertently hurt people for a while”. Located in Solana, Pump Fun is a meme coin production operation. Despite producing some of the year’s most notable tokens, Pump Fun also engages in numerous scams, manipulations, and outrageous antics motivated by financial gain.
Among them is the individual who truly set himself on fire to boost his token count. According to estimates, Jarett Dunn stole approximately two million dollars from the protocol during a high-profile attack. After that, he dispersed the tokens to a number of random addresses that did not consent to receiving them.
There are those who would argue that this was a rather bold move. Observers even nicknamed him “Robin Hood” for his actions. As a result, many retail traders were subjected to an activity that was far from exceptional. Jarett Dunn’s appearance at the Wood Green Crown Court in London on Friday most likely served to impose a sentence for the attack on Pump Fun.
He faced the possibility of serving a sentence exceeding seven years in prison. Instead, he asked for the withdrawal of his guilty plea, a move that could potentially lead to an increase in his sentence. Dunn’s attorneys dealt the court a blow today by shockingly admitting that he now wants to withdraw the plea and seek legal advice on the matter.
Jarett Dunn Now Has Two Weeks to Find New Representation
Consequently, his legal team will no longer be representing him as he embarks on this new phase of his case. Despite this, Pump Fun has seen recent success and has been actively selling a sizable amount of SOL. Jarett Dunn, also known as Stacc, is attempting to withdraw his guilty plea in the Pump Fun case, but he now has two weeks to find new legal counsel.
If the court accepts his application, his case will go to trial, where the platform’s creators may attest. Dunn has made several admissions of guilt, including a controversial tweet he posted shortly after the attack, which read, “Everybody be cool; this is a robbery”.
The court reserves the right to reject Dunn’s request, particularly in light of the fact that he has repeatedly admitted his involvement. The challenge, on the other hand, does not appear to be particularly intimidating for Dunn, who has amassed a sizeable following on the internet due to his philosophical thoughts and his candidness regarding issues related to mental health care and addiction.
In a recent tweet, he stated that the impending trial he is facing was well worth the fight. During his farewell address to his supporters on Thursday, he mentioned his “last meal” as a free man and then proceeded to announce his desire to withdraw his plea in the Pump Fun case.
At the hearing that took place on Friday, Dunn appeared alone, with only his fiancée and a friend from his recovery group standing by his side. His hesitant response to the question of whether he had acquired new representation caused some people in the courtroom to turn their heads.
Despite being on the same bond for months, Dunn remains committed to advocating for his release, despite the challenges he faces. Two weeks have passed since his release from jail.