- A programmer has burned 603 ETH ($1.65 million) and donated 700 ETH ($2 million) in protest against alleged surveillance.
- The individual, identified as Hu Lezhi, claims manipulation by a “brain-control organization” since birth.
- Multiple transactions containing unusual messages were inscribed on the Ethereum blockchain, targeting Chinese hedge fund WizardQuant.
- WikiLeaks received a significant portion of the donated funds, along with detailed allegations about WizardQuant.
- Cryptocurrency community members have attempted to solicit remaining funds from Lezhi through on-chain messages.
A self-described “ordinary programmer and entrepreneur” has permanently destroyed $1.65 million worth of Ethereum and donated an additional $2 million to various addresses, including WikiLeaks, citing alleged surveillance and manipulation by a mysterious organization.
The individual, identified as Hu Lezhi, executed multiple transactions totaling 2,553 ETH (approximately $7 million) over the past week. Of this amount, 603 ETH was sent to the unspendable Ethereum burn address (0x00000), effectively removing it from circulation permanently.
In a series of blockchain messages, Lezhi detailed allegations against WizardQuant Capital Management, a Shanghai and Beijing-based quantitative trading firm, accusing them of using “brain-computer weapons” to control employees. The firm, established by Wall Street veterans, has not responded to requests for comment.
The incident has drawn attention to the immutable nature of blockchain messaging, where transactions can carry permanent, public messages. Lezhi’s final recorded transaction occurred on February 17, containing disturbing messages about leaving “this ugly world.”
The cryptocurrency community’s response has been mixed, with some users attempting to capitalize on the situation by sending messages to Lezhi’s address requesting donations. This behavior highlights the sometimes predatory nature of cryptocurrency spaces, where psychological distress can be viewed as an opportunity for financial gain.
This case bears similarities to previous instances of large-scale token burns, though the psychological elements and public nature of the messages make it unique in cryptocurrency history. Token burning typically serves different purposes, such as reducing supply or demonstrating commitment to a project, rather than protest.
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