A person calling himself Hu Lezhi burned Ethereum tokens price $1.65 million and donated an additional $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 neighborhood, with figures like Tron founder Justin Solar making an attempt to assist him. Nevertheless, it additionally reverberated in a destructive manner, already inspiring a minimum of one meme coin.
Hu Lezhi Burns Tons of Ethereum
An nameless Ethereum person burned 500 ETH right now, price 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 collection of outlandish complaints in opposition to 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 staff and former staff, and even they themselves have been managed. I’m Hu Lezhi, an unusual programmer and entrepreneur. If in the future I grow to be a sufferer of the ultimate stage, I’ll depart this world,” the messages learn.
Hu’s messages introduced quite a few involved responses from the Ethereum neighborhood and the broader crypto house in basic.
For instance, Tron founder Justin Sun tried to reach out, saying the neighborhood ought to give Hu the prospect to precise his views. Brain chip research has been a controversial subject in the crypto business general.
Along with burning 500 ETH, Hu burned or donated 1647 extra tokens to various crypto-related charitable causes, corresponding to Wikileaks and Endaoment, in addition to the Ethereum Basis. In whole, this second spherical of donations and smaller burns lightened his Ethereum wallets by about $5.35 million.
“Since October 2022, I noticed 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 depart this world and hope that this ugly world can be destroyed quickly,” Hu claimed.
The price of ETH saw a brief spike today, nevertheless it’s in all probability unrelated to this incident. In all probability, right now’s Ethereum good points have been largely caused by Solana controversies, however Hu could have contributed to both the rise or decline.
Hu recognized his obvious employer as Kuande Investments, which neighborhood sleuths have identified 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 space.
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 neighborhood hopes he can get assist earlier than he critically hurts himself.
Disclaimer
In adherence to the Trust Project tips, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to supply correct, well timed info. Nevertheless, readers are suggested to confirm info independently and seek the advice of with knowledgeable earlier than making any selections primarily based on this content material. Please notice that our Terms and Conditions, Privacy Policy, and Disclaimers have been up to date.
