Highlights
The Jeffy Yu death controversy has taken a bizarre new turn. Days after staging a livestream suicide, the Zerebro founder has been found alive at his parents’ house in San Francisco.
The 22-year-old crypto figure faked his death on pump.fun, which was followed by online tributes and an obituary. A memecoin honoring him was launched the same day. But internet sleuths quickly spotted red flags.
Yu was located on Wednesday outside his family’s Crocker-Amazon home. “I’ve been doxxed… now I have to move my parents,” he told reporters, visibly distressed.
The San Francisco Standard exposed Jeffy Yu allegedly fake death on Thursday. Earlier, Yu took fire after on-chain data showed $1.4 million in crypto moved from his associated wallets. Critics now call it a calculated blockchain exit, not a mental health crisis.
Yu’s crypto project, Zerebro, had a market cap near $44 million. But this stunt, and the suspicious transactions, have now thrown his reputation into freefall.
Yu’s social media account shared a post describing the coin launch as his “final art piece.” The message claimed a deadman’s switch triggered the launch of $LLJEFFY. It also introduced a concept called “legacoins,” framed as a long-term evolution of memecoins. These would supposedly preserve digital value indefinitely.
Now, a blockchain funeral is being promoted by anonymous users, calling Yu a “true believer.” But many in crypto circles see the Jeffy Yu death controversy as a new low for trust in the space. This event adds to a growing list of questionable exits and viral coin launches that blur the line between art, fraud, and spectacle.
While Jeffy Yu attempted to dodge accountability through a faked death, U.S. courts delivered a clear message. The courts sentenced Celsius founder Alex Mashinsky to 12 years for crypto fraud. This sentence follows a series of legal proceedings that followed after he pleaded last December over his firm’s collapse.
BitMine’s Tom Lee has predicted that ETH could hit $12,000 by the end of 2025.…
The Bhutan government transferred an additional 419.5 BTC on Wednesday, raising concerns about rising selling…
The Cardano Foundation announced it would commit an eight-figure sum in ADA to back stablecoin…
Bitcoin price has tumbled over 10% from an all-time high of $124,457. While investors expect…
The crypto market has seen a sharp correction this week, with many investors anticipating signals…
The FTT token surged remarkably following a tweet from Sam Bankman-Fried’s X account. This led…