I would greatly appreciate if you could point me towards some good, objectively done piece on how exactly it all unraveled if you know of such a source.

It would be fun if there was a STEEM historian to pull together all the pieces of that saga for you.

Jerry was a very vocal and active user of STEEM for a while, but he started to do some desperate things when the price started to drop and his income was threatened. One of them was the proposed creation of a new coin that was the equivalent of a Jerry ICO. When it was called out as a scam he reacted badly.

The end of the story is where it got really weird. Let's just say that he posted a NSFW video about the strangest activity that I care to imagine. I've never watched it and don't recommend it until someone invents eyebleach.