According to Lookonchain, @danielesesta confirmed that Jeffy Yu is alive and provided proof after rumors of Yu's death circulated, which had initially caused confusion in the crypto community. The obituary posted on Legacy was removed following the revelation that Yu staged a fake death video to 'permanently disappear.' This incident has heightened concerns about trust and transparency in crypto project leadership, leading to increased volatility and caution among traders monitoring projects associated with Yu. Source: Lookonchain, Twitter, May 7, 2025.