Zerebro Developer’s Alleged Livestream Suicide Questioned as New Evidence Surfaces

The crypto world is reeling from allegations that Zerebro developer Jeffy Yu may have staged his own suicide during a livestream, with mounting evidence casting doubt on initial reports of his death.

Yu, known for founding the AI-powered crypto protocol Zerebro, reportedly took his own life during a May 4 livestream on the Pump.fun platform, coinciding with the launch of his new memecoin, Legacoin (LLJEFFY). However, what many believed to be a tragic end is now being challenged by the crypto community, with suggestions that Yu faked the incident to exit the public eye.

Source: Hash

“Proof” Emerges on X Suggesting Yu May Be Alive

Speculation began when an unverified letter, allegedly sent by Yu to an early Zerebro investor, began circulating online. In it, Yu claimed the staged suicide was the only viable escape from relentless harassment, blackmail, and threats he had received following his public doxxing.

“Being fully doxxed has placed me under constant fear of robbery and physical harm,” the letter reads. “With my address publicly known, I have not been able to comfortably reside in any of my family’s homes for months now.”

Yu said he would abandon public life and crypto fame to pursue music under anonymity.

Adding fuel to the fire, Yu’s obituary was removed from Legacy.com, where he was initially described as a Stanford-educated “tech prodigy” who built Zerebro into an $800 million ecosystem.

Source: Vee

Suspicious Blockchain Activity Raises Questions

Crypto analyst and X user Vee highlighted on-chain movements allegedly tied to Yu’s wallets. According to Vee, one of Yu’s wallets dumped ZEREBRO tokens for USDC shortly after the supposed suicide, with the funds later moving to the same wallet that launched LLJEFFY.

This claim was backed by blockchain analytics firm Bubblemaps, which estimated that $100,000 worth of ZEREBRO was sold and moved to LLJEFFY shortly after the incident.

Meanwhile, viewers of the livestream pointed out inconsistencies. Some claim the gunshot visuals were clearly pre-edited, with audio and brightness effects added post-production. One viewer noted that the flash didn’t even appear to come from the gun itself.

LLJEFFY Token Plummets as Suspicion Grows

Following the controversial stream, Yu’s LLJEFFY token has plummeted over 80%, now sitting at a market cap of around $5 million, according to DEX Screener.

Onchain transfers conducted by wallets confirmed or believed to be in Yu’s control. Source: Bubblemaps

Just hours before the livestream, Yu had posted a manifesto explaining his vision for Legacoins — a new memecoin concept where the creator must never sell the token to maintain its legacy value. Ironically, post-incident wallet activity appears to contradict that very principle.

As speculation grows and the truth remains unclear, the incident has sparked renewed debate about ethics, anonymity, and mental health in the high-pressure world of crypto.