Jeffy Yu had published a manifesto on "legacoins," describing them as final acts of self-expression focused on legacy, and not investments or securities.

Quotes that support claims

Yu’s alleged suicide came shortly after he published a manifesto outlining the concept of Legacoins — a term he created to refer to a new category of memecoins focused on permanence, legacy, and immortality.

Yu went on to describe his ‘final art piece,’ and ‘an eternal grave in cyberspace’ — a ‘legacoin’ (legacy coin) called LLJEFFY. ‘Not an investment. Not a security. No promises, no returns, no management efforts. No advertising, no speculation. Nothing but voluntary action. It’s the opposite of a security,’ he wrote.

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