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Pump.fun MEV Whistleblower — 5,000 Internal Chat Leak (2026)

avoid.net/pump-fun-mev-whistleblower-5-000-internal-chat-leak-2026→22/100·82% conf.
[AI-DRAFTED · AWAITING FACT-CHECK]

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last updated 2026-10-08

Summary

Beginning in September 2025, an anonymous confidential informant supplied plaintiffs' counsel in a federal class-action suit with two batches of internal Pump.fun chat logs totaling approximately 15,000 messages — the first batch numbering roughly 5,000. The messages were incorporated into a Second Amended Consolidated Complaint filed January 7, 2026 in Aguilar v. Baton Corporation Ltd. (S.D.N.Y. 1:25-cv-00880-CM), which accuses Pump.fun's founders of orchestrating a RICO 'Pump Enterprise' that allegedly extracted between $4 billion and $5.5 billion from retail traders through MEV-enabled front-running and misleading marketing. As of August 31, 2026, a federal judge dismissed securities and Solana-related claims but allowed RICO and unlicensed money-transmission allegations against Baton Corporation and three named founders to proceed.

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Timeline(10 events)

1 May 2024

Jarett Dunn, a senior developer employed at Pump.fun for approximately six weeks, drained an estimated $2 million in Solana from the company and distributed it to random wallet addresses.

Decrypt

1 February 2025

Initial class-action complaint filed against Pump.fun in federal court alleging operation of an illegal exchange for unregistered securities.

Burwick Law case page

22 July 2025

Consolidated class-action complaint filed as Aguilar v. Baton Corporation Ltd., Case 1:25-cv-00880-CM (S.D.N.Y.), adding Solana Labs, Solana Foundation, and Jito Labs as defendants; damages alleged between $4 billion and $5.5 billion.

Burwick Law / CourtListener

1 September 2025

Anonymous confidential informant delivers first batch of approximately 5,000 internal Pump.fun chat logs to plaintiffs' counsel.

Bitget annual review

21 October 2025

Anonymous confidential informant delivers second batch of over 10,000 additional chat logs, bringing the total to approximately 15,000 records.

Bitget annual review

9 December 2025

Judge Colleen McMahon (S.D.N.Y.) approves plaintiffs' motion to amend the complaint to incorporate the whistleblower chat logs, finding no undue prejudice to defendants.

Yellow.com

18 December 2025

Jarett Dunn sentenced to six years in prison by a London court (Wood Green Crown Court) for fraud by abuse of position and transfer of criminal property. Court rejects his whistleblower defense.

Decrypt

7 January 2026

Second Amended Consolidated Complaint filed, incorporating over 5,000 chat logs and expanding defendants list to include Pump.fun co-founders by name, Solana executives, and 25 unnamed KOL defendants. RICO and Securities Act claims asserted.

Crypto Times

3 March 2026

Jarett Dunn publicly releases a separate set of internal Pump.fun Telegram conversations and his employment contract, citing personal safety concerns. Reviews of this public disclosure find the logs did not reveal significant leadership misconduct.

Phemex

31 August 2026

Judge McMahon issues ruling on motions to dismiss: Securities Act claims dismissed with prejudice; all claims against Solana Labs, Solana Foundation, and their executives dismissed; RICO and unlicensed money-transmission claims against Baton Corporation, Alon Cohen, Dylan Kerler, and Noah Tweedale survive and proceed.

Crypto Times
Provenance & Audit Trail

Decision Log

  • #1publishNot recorded (failed)10/8/2026, 1:06:44 AM
    hash 61jnEooSzLb8Xaf4rYrVtBy7iiBfGZeEotP6CpZWgeH6

0 of 23 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 10/8/2026, 1:06:36 AM

last updated: 10/8/2026, 1:06:44 AM

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