Anonymous user burns 600 ETH, attacks Kuande Investments

Source Fxstreet
  • 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.

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.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Ethereum Price Faces Pressure: Can It Sustain Its Recent Rally?Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support.
Author  NewsBTC
May 27, Tue
Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support.
placeholder
Dogecoin Follows Bearish June Trend With over 4% Losses – Is The Worst Over?The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]
Author  Bitcoinist
Jun 09, Mon
The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]
placeholder
Gold Price Forecast: XAU/USD posts modest gains above $3,300 as traders await US-China trade talksThe Gold price ( XAU/USD) posts modest gains to near $3,325 during the early Asian session on Tuesday, bolstered by a weaker US Dollar (USD). Investors await the ongoing US-China trade talks on Tuesday for fresh catalysts.
Author  FXStreet
Yesterday 01: 26
The Gold price ( XAU/USD) posts modest gains to near $3,325 during the early Asian session on Tuesday, bolstered by a weaker US Dollar (USD). Investors await the ongoing US-China trade talks on Tuesday for fresh catalysts.
placeholder
OpenAI claims its annual revenue surges to $10 billion​OpenAI said that the company's annual recurring revenue (ARR) soared from $5.5 billion in December 2024 to $10 billion in June 2025.
Author  Insights
19 hours ago
​OpenAI said that the company's annual recurring revenue (ARR) soared from $5.5 billion in December 2024 to $10 billion in June 2025.
placeholder
Strategy's Bitcoin Holdings Reach All-Time High—Stock Poised for a Surge  TradingKey – Strategy’s Bitcoin holdings have hit a record valuation, signaling potential further stock gains.  On Tuesday, June 10, Bitcoin (BTC) broke past $110,000, driving Strategy (MSTR) to a new
Author  TradingKey
17 hours ago
TradingKey – Strategy’s Bitcoin holdings have hit a record valuation, signaling potential further stock gains.  On Tuesday, June 10, Bitcoin (BTC) broke past $110,000, driving Strategy (MSTR) to a new
Related Instrument
goTop
quote