In a striking event on the Ethereum $0.000219 network, a Chinese investor sent approximately $1.3 million worth of ETH ($2,716.63) to a burning address. This incident, reported by blockchain analysis firm Arkham, has attracted significant attention from the community. Along with this action, the investor made some controversial allegations.
ETH Burn and Controversial Claims
Identifying himself as “Hu Lezhi,” the investor claimed that certain Chinese investors exerted pressure on employees. Lezhi specifically targeted executives Xin Feng and Yuzhi Xu from the China-based quantitative fund management company WizardQuant.
He alleged that Feng and Xu used advanced technological methods like brain-computer interfaces to control their employees. Although these claims remain unverified, the serious accusations accompanying the transfer have drawn public interest.
Market Data and Investor Reactions
Accord…
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