Zerebro Co-Founder Jeffy Yu Found Alive After Faked Death, $LLJEFFY Crashes 86.8% Post-Surge

Jeffy Yu, co-founder of the cryptocurrency Zerebro with a $44 million market cap, was found alive at his parents' home in California after staging his own death in what appeared to be a livestream video.

The 22-year-old's apparent suicide led to the creation of a Solana-based memecoin, $LLJEFFY, also known as Legacoin, which surged 2,115% to a market cap of nearly $105 million before plummeting 86.8% to $13.8 million.

Yu's staged death was part of an alleged strategy to pump the value of the memecoin. Following the revelation of his survival by the San Francisco Standard, Yu expressed concerns about being doxxed and harassed, stating that his parents would need to move due to the situation.

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Disclaimer: The article previously stated that Yu's apparent livestream, which was widely circulated on X, was on pumpfun, but has been updated to reflect that the livestream platform is not confirmed. A pumpfun spokesperson told The Defiant that the video was prerecorded and was not streamed on pumpfun.