Did Zerebro's Jeffy Yu Fake His Own Suicide? On-Chain Data and a Bombshell Letter Suggest Yes

The Shocking Alleged Suicide

Holy smokes, folks! Remember that gut-wrenching video from May 4? The one where Zerebro's co-founder Jeffy Yu supposedly blew his brains out live on Pump.fun? Yeah, that one spread like wildfire across crypto Twitter. People were shocked, mourning, the whole nine yards—especially after his obit popped up on Legacy two days later. But hold onto your hats, because it looks like the whole thing might've been a massive hoax!

On-Chain Activity Raises Eyebrows

So, get this: that Legacy obit? Vanished. Poof, gone! And that's not all. On-chain sleuths are flipping out because wallets linked to Yu were still moving money around after he was supposed to be six feet under. Lookonchain caught a wallet, probably Yu's, dumping a whopping 35.55 million ZEREBRO tokens for 8,572 SOL—that's about $1.27 million, folks! Then, it shuffled 7,100 SOL, around $1.06 million, over to the dev wallet of LLJEFFY, a coin Yu launched on the very day of his "suicide."

And Bubblemaps? They're saying the LLJEFFY deployer and connected wallets were still trading and burning tokens after Yu's supposed demise. One wallet, 5Ko12, cashed out over $170,000 in ZEREBRO across multiple deals. Can you believe it?

The Alleged Confession Letter

But wait, there's more! An unverified letter, supposedly from Yu himself, is making the rounds on X. In it, he spills the beans, saying he staged the whole suicide video to bail out of the crypto scene:

"I created a video in which I depict myself shooting myself. My decision to create and indirectly disseminate this video was deliberate. In my perspective, this was my only viable exit from persistent harassment, blackmail, and threats."

He also claims he couldn't just peace out publicly without sending ZEREBRO and OPAIUM prices into the toilet and sparking even more hate:

"Had I stepped away openly, I would have tanked the price of ZEREBRO and OPAIUM projects when my departure became imminent. This would have resulted in even more intense targeting, which was previously evidenced when our token price >90% in January, causing a massive increase in resentment towards me as a developer."

Market Reactions

Meanwhile, ZEREBRO and OPAIUM are both down 20% in the last 24 hours. But guess what's skyrocketing? LLJEFFY, Yu's new coin, is up over 100% in the same period and 24% in just the last hour. Talk about a wild ride!