In short
- Jeffy Yu, 22, was discovered alive at his mother and father’ house days after a viral video appeared to indicate his suicide.
- His obvious loss of life triggered a 2,000% rally in his Solana-based meme coin $LLJEFFY, which later crashed.
- Authorities confirmed no loss of life matching Yu’s profile had occurred; the video and obituary have been later eliminated.
Zerebro creator Jeffy Yu, who supposedly dedicated suicide final weekend, has been discovered alive by a reporter at his mother and pop’s home.
The 22-year-old dev was found Wednesday by the San Francisco Normal, which discovered him padding round in flip-flops. He was visibly shocked at being discovered.
Yu claimed he had been “doxxed” and “harassed,” and lamented that his poor mother and father would now have to maneuver home.
“You’ll be able to see the PTSD in my eyes, proper?” he mentioned, earlier than telling the reporter to depart.
Yu’s alleged loss of life sparked a meme coin buying and selling frenzy. On Sunday, customers on X reported watching a now-deleted video of Jeffy Yu smoking a cigarette earlier than capturing himself within the head with a gun.
A scheduled weblog publish was launched after the video surfaced, that includes Yu’s philosophical musings on fame and fortune, and describing his last act as a “legacoin,” or legacy meme coin.
Because of this, the Solana-based $LLJEFFY surged 2,115%, hitting a market cap of practically $105 million.
Nevertheless, buyers rapidly realised that the deployer pockets was shopping for up the token regardless of Yu’s supposed loss of life. It plummeted 86.8% in only one hour to a market cap of $13.8 million.
Claims of his loss of life have been bolstered by an obituary posted on-line by the San Francisco Chronicle through Legacy.com. It referred to him as “a visionary artist, technologist, and cultural pressure” however was later eliminated.
The San Francisco and San Mateo Coroner’s Places of work additionally instructed Decrypt that no person with the surname Yu has died within the space since Friday, April 2.
Excessive stunts to pump meme cash are nothing new. Earlier situations embrace a dev livestreaming his self-immolation and one other faking an OD.
Meme coin platform Pump.enjoyable ultimately banned livestreaming after one token promo included a pretend hanging.
Decrypt has contacted Jeffy Yu for remark.
Edited by Sebastian Sinclair
Day by day Debrief E-newsletter
Begin each day with the highest information tales proper now, plus authentic options, a podcast, movies and extra.