In an avalanche of unfolding events, Tint Blorm — co-founder of the blockchain project ZEREBRO — publicly cut ties with fellow developer Jeffy Yu on May 7, 2025, amid intensifying scrutiny of the duo’s token trading activities.
Known by the handle @tintsion, Blorm issued a statement via social media asserting that Yu is “no longer involved” in any of the projects under Blorm’s current management, with an emphasis on the BLORMMY token project.
Even though the public has disavowed this, blockchain analytics tells quite another story and raises a number of questions about the transparency of these people. Stalkchain, for instance, points out something that should be concerning to all of us who dream of a truly transparent society. Using on-chain data, it analyzed the situation as follows:
https://twitter.com/StalkHQ/status/1920119781975351718?t=EWwSGN1HBIeqs_ZykCdrtg&s=19
“Despite claims to the contrary, the ‘official’ wallets of Blorm and Yu are very much alive—and holding a large amount of BLORMMY. In fact, they’re set up to do quite nicely if there are further price dislocations. And, ya know, if they sold the stuff they’ve got, this would simply be a not-very-well-kept secret of whom to trust and whom to steer clear of.
Massive Token Sale Sparks Backlash
Coinciding with Blorm’s announcement, a significant deal caused quite a stir in the crypto world. A wallet with the address 9KaENf6RhLciggaxpU9rjbTQAH5dfjoAaRKVNcdWsbXk, having been directly funded by Binance, was mandated to offload a jaw-dropping 35.56 million ZEREBRO tokens. (Notice that I used the word “mandated” and not “found.” That is because the wallet bearer, whose identity is not disclosed, apparently had little choice in this token-dumping matter.) Stalkchain, which I’m sure most of you have never heard of, was the service used to track this up-close-and-personal trade. According to Stalkchain, serving as the mouthpiece for the dubious trudge toward trade transparency, this trade generated a not-so-invisible $1.34 million in proceeds for the pocket of whoever funneled cash into that wallet.
Continued investigation into the wallet’s trading history demonstrates an aggressive and audacious manner of operating that sees it throw around large sums of money, regardless of the danger.
Take, for instance, the high-stakes purchase of OPAIUM tokens, which saw $166,100 worth get deposited right into the wallet’s headings. For whatever reason, the same wallet that made the high-volume, high-risk purchase of OPAIUM tokens then went ahead and liquidated the asset down to only a measly little sum of $87,400 — making a loss on the order of $78,700 in the process.
Contrast this now with the purchasing of LLJEFFY tokens:
The success of these trades has been so patchy that it has raised concern rather than reassurance, being taken by some as an indication of not-so-speculative speculative maneuvers. When you can’t trust the manner in which a product is being pitched or the way in which a token is being traded, it’s hard to have confidence in the product or token itself.
Wallet Holdings Tell a Conflicted Story
Another wallet address — 6jDpTizBzz6gEABJ2rSh7NyZJmAZXyBkbZQ6BwW2d5Bp — supposedly tied to the developers holds ZEREBRO tokens worth $162,000. They must be holding these tokens for some reason. And why wasn’t this reason disclosed in the announcement? That would amount to $162,000 worth of not mentioning a potential conflict of interest.
Although Blorm contends that Jeffy Yu is no longer affiliated with BLORMMY, blockchain documentation fails to shed any light on the matter. It paints a much murkier picture, showing that Yu and Blorm are still interlinked financially. Either they’re working together to manage their wallets (i.e., any token trades or transfers between the two would show up in one’s wallet as a transaction) or one’s wallet is much more active than one would expect for a person not pretty much in the crypto game.
A wave of criticism from the wider crypto community has resulted from the absence of transparency. Some investors now charge the ZEREBRO team with misleading followers, manipulating token prices, and possibly violating the kind of fair disclosure standards that decentralized ecosystems are expected to uphold.
Even after Tint Blorm’s public statement, no one has produced any verifiable evidence showing that Jeffy Yu has formally cut ties with BLORMMY. Until either the controls over the BLORMMY wallet are changed or the assets that wallet holds are redistributed, a lot of folks think the claims to have done either are probably just for show.
Currently, there is no oversight entity that has issued any formal inquiries into the trades, but billions of dollars are at stake and public confidence is on the line. So, with ZEREBRO now an active known unknown in the security of both smart contracts and crypto exchanges, watch for Tint Blorm and Jeffy Yu to pull more stunts — on-chain, off-chain, and in the twisting labyrinth of the law. And by the way, what is happening with ZEBRA91?
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
No Comments