$ZEREBRO Lawsuit: Beckwith v. Yu

On February 9, 2026, a class action complaint was filed in the United States District Court for the Southern District of New York, captioned Beckwith v. Yu, Case No. 1:26-cv-01091, alleging that the founders of the Zerebro project engaged in deceptive conduct and misrepresentation in connection with the marketing and sale of the $ZEREBRO cryptocurrency token. The complaint names two defendants: Jeffy Yu, the project’s self-described technical founder, and Agustin “Tint” Cortes, the project’s economic and ecosystem architect who resides in San Francisco, California.

According to the complaint, Defendants promoted Zerebro as a venture-grade artificial intelligence platform consisting of three components: a flagship AI agent called Zerebro, a Python developer framework called ZerePy, and a consumer-facing launchpad called Zentients. They positioned the $ZEREBRO token as the economic layer binding these products together, claiming it would be required for agent creation, liquidity provision, governance, and access to proprietary AI models. Defendants allegedly reinforced these claims through white papers formatted like academic research, appearances on prominent cryptocurrency podcasts including Bankless, and detailed roadmaps projecting multi-phase development. The complaint alleges that none of these products ever existed in any functional form. No autonomous agent was built, no usable developer framework was produced, and no consumer launchpad was ever deployed.

The complaint further alleges that while Defendants publicly promoted this fictional ecosystem, they secretly operated as the undisclosed market makers for $ZEREBRO. According to the complaint, from the moment the token was created on October 25, 2024, Defendants controlled approximately 17% of the total supply at zero cost through a deployer wallet and a network of allocation wallets. These wallets were allegedly used to inject liquidity, manufacture trading volume, and influence price formation on decentralized exchanges, while the public believed the market reflected organic demand. Forensic blockchain analysis cited in the complaint traces more than $12 million in transfers from the operator wallet cluster to centralized exchanges, with total value extraction conservatively estimated at approximately $50 million. The complaint also alleges that when the scheme began to unravel, Defendant Yu staged his own death, broadcast what appeared to be a suicide, and arranged for an obituary to be published, before resurfacing alive and continuing to launch additional cryptocurrency projects.

The complaint asserts six causes of action: deceptive acts and practices under New York General Business Law § 349, false advertising under New York General Business Law § 350, negligent misrepresentation, fraudulent inducement, breach of contract (including breach of the implied covenant of good faith and fair dealing), and unjust enrichment. The complaint seeks compensatory damages, statutory damages and treble damages under the GBL claims, disgorgement and restitution, punitive damages, injunctive relief including curative disclosures, and certification of a class of all persons who purchased $ZEREBRO during the period from October 25, 2024 through the filing date.

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