An tackle belonging to Zerebro co-founder Jeffy Yu is reportedly nonetheless energetic and transferring giant quantities of crypto, regardless of the memecoin developer reportedly taking his personal life final weekend.
In line with unconfirmed stories, Yu handed away on Might 4 whereas collaborating in a Pump Enjoyable livestream.
Nevertheless, in response to X consumer and crypto commentator @RepeatAfterVee, regardless of this obvious tragedy, the tackle (G5sjgjPdFdoz7hRa49yDobeSdqMooCmDwsCUERqLTfyr) remains to be “dumping $ZEREBRO, then sending USDC to the HTX exchange.”
Vee additionally identified that that the funds had been then despatched to a different tackle owned by Jeffy that created the $LLJeffy token.
Within the hours after Yu’s demise was reported, $ZEREBRO dropped from $0.0427 to $0.0409. It has since rebounded to $0.0428. In late April, the coin skilled a 300% pump and hit a quantity of greater than $150 million.
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Yu’s alleged suicide got here shortly after he revealed a manifesto outlining the idea of Legacoins — a time period he created to check with a brand new class of memecoins targeted on permanence, legacy, and immortality.
Regardless of the stories and a extensively circulated video, the veracity of the one website that seems to substantiate Yu’s demise has been referred to as into query.
Legacy is a pay-per-publish web site with 1.3 stars on Belief pilot. This, in response to crypto sleuth dethective, arouses some suspicion.
“What would I do if I wanted to create the narrative? Just put yourself in a grifter’s shoes,” says dethective. If I needed to invest on a attainable demise to launch a shitcoin, I’d seek for paid obituaries on Google.
They proceed, “It’s actually unhappy to even be able the place we now have to ask if somebody is lifeless or not, so I’m merely sharing the sources I discovered.
“In any case, even if the story is true, the worst thing you can do is speculate on a token tied to someone who allegedly died from mental illness caused by speculation itself.”
Dethective isn’t the one X consumer voicing doubts about stories of Yu’s demise. Certainly, as identified by @Lunas_husband, “Pretending to die is a perfect exit strategy from this scam.”
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