Unconfirmed experiences are circulating on-line that Jeffy Yu, founding father of the small-cap crypto undertaking Zerebro, could have taken his personal life throughout a livestream on Pump.enjoyable on Might 4.
The video circulating on X seems to point out Yu smoking a cigarette earlier than taking pictures himself within the neck. Whereas the footage has been extensively shared, the authenticity of the video stays unconfirmed presently.
On the day of his alleged loss of life, Yu published a philosophical and technical manifesto introducing the idea of Legacoins—a time period he coined to symbolize a brand new class of memecoins rooted in permanence, legacy, and symbolic immortality.
Yu outlined Legacoins as:
“An evolution of digital belongings generally known as memecoins… primarily based on a voluntary dedication by the builders… to strictly purchase and by no means promote or commerce these belongings.”
At its core, the Legacoin framework proposes that builders construct and accumulate, by no means speculate or promote. Holdings turn out to be locked upon a holder’s loss of life, thereby creating an immutable ground for the token’s worth.
“I’m the everlasting ground,” Yu wrote.
Yu additionally launched the token LLJEFFY on the identical day, which is seemingly the primary legacoin.
Yu’s X account has since been deleted, however some locally had been skeptical. One person identified that Yu had beforehand said a brand new Zerebro album can be launched on Might 30, and prompt the incident could be a part of a deliberate advertising stunt.
“Even when his X account is now deleted, don’t overlook he informed us the brand new Zerebro album is coming Might 30. This faux suicide is simply part of the advertising. The ZEREBRO pump might be brief and big,” the post learn.
Nevertheless, on Might 6, the obituary platform Legacy published a discover stating that Jeffy Yu handed away on Might 4 on the age of twenty-two, seemingly confirming the experiences of his loss of life.
In the meantime, ZEREBRO token trades at round $0.04, up by 85% prior to now month because it rides a broader wave of gains across the AI crypto sector.