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    Mysterious Person Burns ETH Price Hundreds of thousands and Writes a Regarding Message
    Altcoins

    Mysterious Person Burns ETH Price Hundreds of thousands and Writes a Regarding Message

    By Crypto EditorFebruary 17, 2025No Comments3 Mins Read
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    A consumer calling himself Hu Lezhi burned Ethereum tokens value $1.65 million and donated an extra $5.35 million, posting weird screeds about thoughts management chips. He included a number of suicidal statements.

    This unhappy story struck a nerve with the crypto group, with figures like Tron founder Justin Solar trying to help him. Nevertheless, it additionally reverberated in a destructive approach, already inspiring at the least one meme coin.

    Hu Lezhi Burns Tons of Ethereum

    An nameless Ethereum consumer burned 500 ETH right now, value about $1.65 million. These transactions contained on-chain messages in an obvious manifesto, the place the sender recognized himself as Hu Lezhi.

    Hu used Ethereum to explain a sequence of outlandish complaints towards Kuande Funding, his obvious employer, associated to thoughts management. He additionally threatened suicide.

    “The bosses of Kuande Funding, Feng Xin and Xu Yuzhi, used brain-computer weapons to persecute all firm workers and former workers, and even they themselves had been managed. I’m Hu Lezhi, an extraordinary programmer and entrepreneur. If at some point I turn into a sufferer of the ultimate stage, I’ll depart this world,” the messages learn.

    Hu’s messages introduced plenty of involved responses from the Ethereum group and the broader crypto area normally.

    For instance, Tron founder Justin Solar tried to achieve out, saying the group ought to give Hu the possibility to specific his views. Mind chip analysis has been a controversial matter within the crypto trade total.

    Along with burning 500 ETH, Hu burned or donated 1647 extra tokens to varied crypto-related charitable causes, equivalent to Wikileaks and Endaoment, in addition to the Ethereum Basis. In complete, this second spherical of donations and smaller burns lightened his Ethereum wallets by about $5.35 million.

    “Since October 2022, I spotted that I’ve been monitored and manipulated by the thoughts management group since I used to be born. Now I’ve fully misplaced my dignity as a human being. I’ve determined to go away this world and hope that this ugly world will likely be destroyed quickly,” Hu claimed.

    The worth of ETH noticed a quick spike right now, nevertheless it’s in all probability unrelated to this incident. In all chance, right now’s Ethereum positive factors had been principally attributable to Solana controversies, however Hu might have contributed to both the rise or decline.

    Mysterious Person Burns ETH Price Hundreds of thousands and Writes a Regarding Message
    Ethereum Every day Value Chart. Supply: BeInCrypto

    Hu recognized his obvious employer as Kuande Investments, which group sleuths have recognized as WizardQuant Capital Administration.

    Regardless of this title mixup, an unaffiliated particular person has already launched a Kuande meme coin. Different meme cash named after Hu are additionally being launched on Solana. No matter psychological well being episode triggered Hu’s Ethereum burn, it already contributed to the meme area.

    Sadly, Hu’s (which can be a pseudonym) claims about mind chips and thoughts management are far too outlandish to take at face worth. As of now, the crypto group hopes he can get assist earlier than he significantly hurts himself.

    Disclaimer

    In adherence to the Belief Challenge tips, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to offer correct, well timed data. Nevertheless, readers are suggested to confirm details independently and seek the advice of with knowledgeable earlier than making any selections primarily based on this content material. Please observe that our Phrases and Situations, Privateness Coverage, and Disclaimers have been up to date.



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