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A crypto founder faked his death. We found him alive at his dad's house

Crypto founder Jeffy Yu appeared to commit suicide in a Sunday video. Then we found him alive and well on Wednesday at his dad's San Francisco home.

A flattering obituary appeared, calling the aspiring crypto mogul “a visionary artist, technologist, and cultural force” and “a tech prodigy from an early age.” A memecoin in Yu’s honor went up for sale. Some online spectators speculated the video came from a livestream on the pump.fun cryptocurrency platform, but a spokesperson for the company denied the event had taken place on its site, calling it “nothing more than a social narrative circulating on X” and “an edited fabrication” in a statement Friday. Before his staged death, Yu published a manifesto introducing the concept of “legacoins” — described as an “evolution of digital assets commonly referred to as memecoins” that function as “a vault or storage, securing and preserving value indefinitely.”

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