17.02.2025
Mirjan Hipolito
Cryptocurrency and stock expert
17.02.2025

Ethereum user burns 500 ETH ($1.38M) in bizarre brain control warning message

Ethereum user burns 500 ETH ($1.38M) in bizarre brain control warning message Ethereum user burns 500 ETH ($1.38M) in bizarre brain control warning message

An anonymous Ethereum user has set off alarm bells in the crypto community by burning 500 ETH—worth approximately $1.38 million—to broadcast a series of bizarre onchain warnings about “brain control.” At 6:39 a.m. UTC on Monday, the user transmitted the 500 ETH to an irretrievable null address, a process known as burning, effectively removing the tokens from circulation.

 The onchain message, delivered in Chinese, claimed that leaders of Kuande Investment (also known as WizardQuant) have used brain-machine weapons to control their employees, a statement that underscores growing public skepticism toward advanced neural control technologies.

This incident is part of a series of similar actions. Earlier, on February 15, the user burned 70.36 ETH (approximately $194,000) with a message warning about the dangers of emerging brain-machine interfaces, and on February 10, an additional 33.03 ETH (about $91,000) was similarly destroyed. In total, over 603 ETH, valued at around $1.67 million, have been burned in this peculiar campaign of warnings.

Substantial donations and crypto activism

In a parallel development, the same address has donated 711.52 ETH—roughly $1.97 million—to a WikiLeaks donation address. The largest donation, amounting to 591.62 ETH (nearly $1.63 million), was made at 7:13 a.m. UTC on Monday. Accompanying this donation was a message in which the sender identified himself as Hu Lezhi, an ordinary programmer and entrepreneur who claims to have been under constant surveillance and manipulation by a “brain-control organization” since October 2022. This message expressed profound distress and a desire for the world to be radically transformed. Additional donations have included stark warnings that military powers are deploying brain-machine chips to control citizens. In total, the user has transferred or donated more than 1,238 ETH (around $3.4 million) to various addresses.

The motivations behind these dramatic transactions remain unclear. As regulators and market participants watch closely, this episode highlights the growing intersection of blockchain technology with unconventional activism, a trend that may have far-reaching implications for the crypto ecosystem.

Read also: ETH faces downside risk as traders bet on medium-term growth

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