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Meme coin dev Jeffy Yu faked his death, triggering a 2,000% surge in $LLJEFFY.
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A suicide video and obituary turned out to be fake, and Yu was found alive.
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The token crashed 86% after the hoax was revealed.
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Yu cited harassment and said his family now must move.
Fake Death Fuels Meme Coin Frenzy
The developer behind Solana meme coin $LLJEFFY, Jeffy Yu, faked his death in a viral video and staged obituary, fueling a 2,115% price surge and a peak market cap of $105 million. He was later found alive at his parents' home by a reporter.
Yu, 22, said he staged the stunt due to online harassment and didn't expect the story to go viral. The exploit included a posthumous blog release calling the token his "legacoin."
Rug Pull Suspicions Crash Market
The hoax unraveled quickly after blockchain sleuths noticed the deployer wallet was still trading the token. The price collapsed by 86.8% within an hour. Authorities confirmed no local death under Yu’s name, and Legacy.com removed the obituary.
The incident adds to a growing list of extreme meme coin stunts, from fake suicides to staged overdoses, as devs chase viral traction in the high-risk Solana meme coin scene.
