Connect with us

Crypto World

Zerebro founder Jeffy Yu has allegedly killed himself again

Published

on

Zerebro founder Jeffy Yu has allegedly killed himself again

Jeffy Yu, the Zerebro founder who previously faked his own death before being sued by Burwick Law, has allegedly committed suicide for real.

On February 2, X account “alvennya” claimed that Yu had killed himself, pointing to a recent burial at the Roseville Cemetery, which lists the deceased as “Jeffy Zhenyu Yu” and claims he died on New Year’s Day.  

The account also claimed to have police recordings taken from a scanner that contains audio of Roseville police discussing the scene before discovering his suicide.  

This was shared along with unsubstantiated screenshots apparently from Roseville police that suggest Yu was suffering a “mental crisis” and was going door to door asking for help while armed

Advertisement

Another X account, “Scooter,” shared these reports and also claimed that one of their followers visited Yu’s grave and took a photo. 

Jeffy Yu staged his death to sell $1.4M in crypto

Yu staged his death last year after launching his own after-death-themed memecoin. He also faked his own obituary and scheduled posts to be released after his apparent death.

A writer for The San Francisco Standard, however, tracked Yu down and discovered him living with his parents in San Francisco. 

Advertisement

After his supposed death, analysts spotted Yu selling $1.4 million worth of Zerebro tokens.  

Read more: X Creators $1M prize winner exposed as memecoin pump-and-dumper

Given Yu’s history, online users are already skeptical about Alvennya’s claims and are starting to question the account’s credibility. 

One user questioned if the police audio was AI-generated, and claims that Yu’s final video was made in San Francisco, not Roseville. 

Advertisement

Others have noted that his X account and Telegram were deleted after his “death” and that there are also no local news reports on the apparent suicide. 

The Alvennya account is also unusual. Despite being six years old, it’s only made 21 posts, all of which were posted this month and are dedicated to Yu’s suicide.

They’ve also limited the replies to their posts. 

Jeffy Yu sued by Burwick Law

Legal firm Burwick Law filed a lawsuit against Yu on February 9, claiming that he misrepresented Zerebro as a legitimate long-term AI infrastructure. 

Advertisement

They say that the project’s founders cashed out their Zerebro holdings as onlookers began to realise their lies, and that Yu staged his death to distract from the project’s collapse. 

Read more: Zerebro’s ‘dead’ founder Jeffy Yu is still dumping tokens

Advertisement

Because of this, Scooter is now claiming that Burwick Law has somehow sued a dead man.

Scooter was named a defendant in another Burwick lawsuit against Pump Fun and Solana, and has since suggested that he would consider filing a counterdefamation claim against the firm

It’s ultimately unlcear wether or not Yu has died. Protos has reached out to Alvennya, Roseville Police, Roseville Cemetery, and Burwick Law for comment and will update this piece should we hear back.

Got a tip? Send us an email securely via Protos Leaks. For more informed news and investigations, follow us on XBluesky, and Google News, or subscribe to our YouTube channel.

Advertisement

Source link

Advertisement
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto World

US Bitcoin ETFs Post $462 Million Inflows as BTC Tops $73K

Published

on

US Bitcoin ETFs Post $462 Million Inflows as BTC Tops $73K

US spot Bitcoin exchange-traded funds increased inflows on Wednesday, with gains distributed across most issuers, as BTC briefly surged past $73,000.

Spot Bitcoin (BTC) ETFs posted $462 million in net inflows, marking the third consecutive day of inflows and bringing the weekly total to $1.1 billion, according to Farside data.

The new gains bring year-to-date flows to about $700 million, a modest amount after the ETFs shed $3.8 billion during a five-week outflow streak.

Ether (ETH) funds shared the sentiment, drawing $169 million in inflows after seeing minor outflows of $11 million on Tuesday.

Advertisement

The flows highlight a potential market reversal, with analysts observing that most Bitcoin ETFs have now turned to net positive flows YTD.

All but one spot Bitcoin fund see gains

Wednesday marked a rare occasion when nearly all US spot Bitcoin funds attracted inflows, with only the CoinShares Bitcoin ETF (BRRR) recording zero inflows on the day.

BlackRock’s iShares Bitcoin Trust ETF (IBIT) again led inflows with $307 million, followed by the Fidelity Wise Origin Bitcoin Fund (FBTC) and the Grayscale Bitcoin Mini Trust ETF (BTC) with $48 million and $32 million, respectively.

Daily flows in US spot Bitcoin ETFs by issuer since Monday (in millions of US dollars). Source: Farside.co.uk

According to Bloomberg ETF analyst Eric Balchunas, almost all Bitcoin ETFs had turned net positive in year-to-date flows as of Tuesday, with only three funds still showing losses.

Those include FBTC with $1.1 billion in outflows, as well as the Grayscale Bitcoin Trust ETF (GBTC) and the ARK 21Shares Bitcoin ETF (ARKB), which have seen $648 million and $162 million in outflows, respectively.

Advertisement
Source: Eric Balchunas

The latest wave of gains in Bitcoin ETFs came amid a sentiment recovery attempt, with the Crypto Fear & Greed Index jumping 12 points over the past 24 hours, according to Alternative.me data.

Related: Altcoin chatter sinks to 2-year low as Bitcoin holds attention

Despite Bitcoin recovering about 20% from February’s low of $60,000, the index still stands at “extreme fear” with a score of 20.

At the time of writing, Bitcoin traded at $72,214, down about 8% over the past 30 days, according to CoinGecko.

Magazine: Would Bitcoin really be at $200K if not for Jane Street? Trade Secrets

Advertisement