An tackle belonging to Zerebro co-founder Jeffy Yu is reportedly nonetheless lively and shifting massive quantities of crypto, regardless of the memecoin developer reportedly taking his personal life final weekend.
In accordance with unconfirmed reviews, Yu handed away on Might 4 whereas participating in a Pump Enjoyable livestream.
Nevertheless, in response to X person and crypto commentator @RepeatAfterVee, regardless of this obvious tragedy, the tackle (G5sjgjPdFdoz7hRa49yDobeSdqMooCmDwsCUERqLTfyr) continues to be “dumping $ZEREBRO, then sending USDC to the HTX exchange.”
Vee additionally identified that that the funds have 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 reviews and a broadly circulated video, the veracity of the one web site that seems to verify 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 potential demise to launch a shitcoin, I’d seek for paid obituaries on Google.
They proceed, “It’s actually unhappy to even be ready the place we’ve got to ask if somebody is useless 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 person voicing doubts about reviews 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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