Vitalik Buterin on CZ accusing Ethereum of crashing the market on 10/10: " Blaming Ethereum’s gas fees for the $19B+ liquidation cascade on 10/10 is not just wrong it’s a deliberate deflection. Gas spiked because your platform (and others) pumped insane leverage on high risk products like Ethena USDe, marketed as “safe 12% yield” collateral. When macro hit (tariffs, whatever), the house of cards collapsed forced sells, cascading liquidations, opaque engines amplifying everything. Ethereum congestion was a minor footnote. The real trigger? Over leveraged retail getting wrecked on centralized platforms that profit from the casino, then reimbursing $283M after the fact to look “SAFU” while pointing fingers elsewhere. That’s not leadership. That’s damage control and scapegoating. "