Coinspeaker
Feb 18, 2025
11 0

Ethereum Holder Burns $1.3 Million While Claiming Mind-Control Manipulation

2 min

A Chinese individual, Hu Lezhi, has burned over $1.3 million worth of Ethereum as part of a series of unusual transactions. He claims that a group of Chinese investors and companies is using "brain-computer weapons" to control employees, turning them into "puppets." Lezhi alleges he has been monitored since birth and accuses prominent business leaders Feng Xin and Xu Yuzhi of Kuande Investment of using these technologies for persecution.

  • Lezhi's Ethereum tokens were sent to a burn address, permanently destroying the funds.
  • Crypto intelligence platform Arkham tracked nearly $5 million in recent movements related to Lezhi.
  • In addition to burning funds, he transferred significant amounts to the Ethereum Foundation, WikiLeaks, and a Coinbase account.

The transfer process took place from February 10 to February 17, with many transactions warning of a new crime mode that deprives victims of their desires, potentially leading to a loss of autonomy. Lezhi's claims raise questions about his motives and whether any external influence prompted him to make such large transfers.

The burning of ETH could reduce its supply, potentially impacting its market value.