The shocking incident involving the 22-year-old developer of Zerebro, Jeffy Yu, who appeared to commit suicide during a livestream on May 4, has taken a bizarre turn. Despite initial reports suggesting his death, a San Francisco news outlet now claims that Yu is actually alive. The San Francisco Standard reporter, George Kelly, stated that he spoke briefly with Yu outside his family's home on May 8. However, Yu refused to address the suicide allegations or any potential financial gain from the incident. Instead, he cryptically remarked, "You can see the PTSD in my eyes, right?" before asking the reporter to leave.

The news of Yu's continued existence has created confusion and speculation within the crypto community. Several pieces of information have emerged that cast doubt on the authenticity of his suicide attempt. One such piece was an unverified letter allegedly sent by Yu to an investor, denying his death. Additionally, there have been transactions from Yu's crypto wallets after the alleged incident, along with the removal of his obituary from a memorial site.

Blockchain analytics firm Bubblemaps reported that wallets associated with Yu have offloaded approximately $1.5 million worth of Zerebro (ZEREBRO) tokens since the incident. Some of these funds were transferred to a wallet linked to the creation of the "Legacy Memecoin" (LLJEFFY).

Yu's Zerebro platform, powered by AI and focused on content, experienced a meteoric rise in late 2024, with the ZEREBRO token reaching a market cap of nearly $660 million. However, it later plummeted below $20 million. Currently, ZEREBRO holds a valuation of $47.2 million, while LLJEFFY tokens have achieved multimillion-dollar valuations across various blockchain networks.

The mention of PTSD by Yu in his interaction with the reporter sheds light on a troubling trend in the industry. Yu's reported fears of harassment, blackmail, and threats align with a growing concern of violence within the crypto space. Recent data indicates over 150 physical attacks related to crypto since 2014, with 46 incidents occurring in the last 12 months alone.

This bizarre saga involving Jeffy Yu has left the crypto community perplexed and concerned about the mental health and safety of individuals within the industry. As more details emerge, the story of Yu's alleged suicide and subsequent reappearance continues to captivate and unsettle observers.

Source: https://cointelegraph.com/news/zerebro-dev-jeffy-yu-reported-alive-after-being-spotted-parents-house?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound