- A Chinese user, named Hu Lezhi, sent over 600 ETH worth $1.6 million to a burn address.
- The user accused Kuande Investments CEOs of using brain-computer weapons to persecute their staff.
- He has also donated nearly 2,000 ETH, worth $5.3 million, in the past week, raising questions about the nature of his messages.
A pseudonymous user named Hu Lezhi sent 603 ETH worth $1.6 million to the Ethereum burn address on Monday with a message accusing Kuande Investments' CEOs Feng Xin and Xu Yuzhi of influencing their employees with brain-computer weapons.
Mysterious user burns hundreds of ETH, spreads accusation against former employers
An Ethereum wallet burned 603 ETH with an inscribed message accusing Kuande Investments of mind control practices, according to Etherscan data.
Burning of tokens implies sending them to crypto addresses where the sender or any other person can't ever access them again.
The sender, alleged to be Hu Lezhi, claimed that the company's CEOs, Feng Xin and Xu Yuzhi, used mind computers to control their employees.
"The bosses of Kuande Investment, Feng Xin and Xu Yuzhi, used brain-computer weapons to persecute all company employees and former employees, and even they were controlled," the Etherscan message reads.
Hu Lezhi initially transferred 500 ETH to the burn address, then sent the extra tokens, conveying four additional messages.
The other messages revealed that he was a former company employee who worked as a programmer and entrepreneur.
He also claimed that military forces are deploying the brain-computer, which is being developed as a "new mode of crime."
"There is a new mode of crime in which the victim is gradually deprived of his senses of desire until he becomes a complete slave to the digital machine," the message implied.
Onchain data also revealed that the wallet that burned 603 ETH has also sent 1,950 ETH worth $5.3 million to several key addresses in the past week, including WikiLeaks donation address.
The burned tokens, coupled with the accusations, have fueled speculation about the sender's identity and intentions, sparking debate across the crypto community.
X user Loopify speculated that the anonymous user was a worker for Wizard Quant and was in charge of the assets. Loopify claims that his access to the tokens allowed him to burn and donate them in such a manner.
My theory: All of this money belongs to Wizard Quant, Hu Lezhi is most likely an employee of WQ; has control of these assets.
— Loopify ♂️ (@Loopifyyy) February 17, 2025
He withdrew them, burnt and donated the rest.
He seems to be suicidal from these messages which are crazy enough on it's own with wild accusations.
Several other community members also claimed that the user may be suicidal and have raised questions about the legitimacy of his accusations.
Meanwhile, another X user, Momin, stated that Hu Lezhi's attempt to reveal his message could signal that it might be true.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended Content
Editors’ Picks

US SEC Crypto Task Force to host the first-ever roundtable on crypto asset regulation
The US Securities and Exchange Commission Crypto Task Force will host a series of roundtables to discuss key areas of interest in regulating crypto assets. The “Spring Sprint Toward Crypto Clarity” series’ first-ever roundtable begins on Friday.

Bitcoin stabilizes around $84,000 despite US SEC regularity clarity and Fed rate stability
Bitcoin price stabilizes around $84,000 at the time of writing on Friday after recovering nearly 2% so far this week. The recent announcement by the US SEC that Proof-of-Work mining rewards are not securities could boost BTC investors' confidence.

BTC, ETH and XRP stabilize as SEC Crypto Task Force prepares for First roundtable discussion
Bitcoin (BTC) price hovers around $84,500 on Friday after recovering nearly 3% so far this week. Ethereum (ETH) and Ripple (XRP) find support around their key levels, suggesting a recovery on their cards.

XRP sees growing investor confidence following SEC ending legal battle against Ripple
XRP whale holdings and network activity signal rising optimism among investors. However, signs of bearish sentiment in the derivatives market could hamper XRP's price growth.

Bitcoin: BTC stabilizes around $84,000 despite US SEC regularity clarity and Fed rate stability
Bitcoin (BTC) price stabilizes around $84,000 at the time of writing on Friday after recovering nearly 2% so far this week. The recent announcement by the United States (US) Securities and Exchange Commission (SEC) that Proof-of-Work (PoW) mining rewards are not securities could boost BTC investors' confidence.

The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.