LLJEFFY tribute coin takes a 40% tumble after Zerebro founder was found alive at home

Zerebro Co-Founder Jeffy Yu Resurfaces After Alleged Suicide Hoax

In a shocking turn of events, Jeffy Yu, co-founder of Zerebro, was discovered alive in his parents’ home after a dramatic livestream that appeared to show him taking his own life. This revelation has led to a significant downturn of 40% in the value of his tribute meme coin, LLJEFFY.

Local news outlet The San Francisco Standard reported that, just five days following what many believed to be Yu’s suicide on a livestream, he was confirmed to be alive and residing with his parents.

Speculations have emerged suggesting that Yu staged his own death to exit the volatile cryptocurrency landscape. The perplexity deepened when his obituary on the memorial site Legacy was mysteriously removed shortly thereafter. Additionally, blockchain activity indicated multiple transactions linked to Yu’s wallet post-incident.

On May 9, a reporter from The San Francisco Standard verified that Yu was indeed alive, living in the safety of his family home. Despite the bizarre circumstances, Yu chose not to comment on the false reports surrounding his death or how he might have benefited from faking it. However, he did express concerns about his safety and mentioned plans to relocate his parents within a week, fearing that his newfound notoriety may invite unwanted attention.

“I’ve been doxxed. I’ve been harassed. If you can find me, other people can find me,” Yu stated, highlighting the risks he now faces.

As reported on DEX Screener, LLJEFFY, the Solana (SOL)-based meme coin designed to honor Yu, has plunged over 40% following the confirmation of his survival. The token had previously surged an astounding 2,115% after the alleged suicide broadcast gained traction. Currently, LLJEFFY’s market cap stands at approximately $2.1 million.

In a scheduled blog post linked to his meme coin, Yu cryptically wrote, “If you’re reading this, it’s because my 72-hour deadman’s switch triggered, so I’m not here, at least physically.” He referred to LLJEFFY as “a legacoin,” portraying it as his final artistic statement.

In contrast, Yu’s primary token, ZEREBRO, has shown resilience, experiencing a 22.3% increase in the past 24 hours and currently valued at $0.048. However, like its counterpart, it faced a decline of nearly 10% in recent days, down 34.8% over the last two weeks.

The Controversy Surrounding Yu’s Alleged Suicide

On May 4, the crypto community was rocked by reports that Jeffy Yu had committed suicide during a livestream on the platform Pump.fun. The broadcast depicted Yu smoking before apparently taking his own life. The footage quickly spread across social media platforms.

Just two days later, an obituary for Yu surfaced on the memorial site Legacy. However, skepticism arose as some traders observed ongoing transactions from Yu’s wallet, raising suspicions about the authenticity of the scenario.

Analytics platforms, including Bubblemaps and Lookonchain, uncovered continued activity from the deployer and associated wallets tied to LLJEFFY, which indicated active trading and token burning. Further complicating matters was an unverified letter purportedly from Yu, suggesting that his death had indeed been staged. The letter indicated that Yu had resorted to this extreme measure to escape persistent harassment, blackmail, and threats.