Davinci Jeremie blames Trump family for October 10, 2025 crypto crash

2 min

Davinci Jeremie blames the Trump family for the Oct 10, 2025 crypto crash. He rejects the Binance-led liquidation theory.

Speaking on The Sujal Show, Jeremie said the family “wants to push crypto down so that they can get as much as they want.” He framed it as long-term accumulation by wealthy players. “If you’re wealthy, you think in long terms,” he said. Watch the interview. He previously outlined his view on what caused the sell-off here. NewsBTC analysis. Background on the family’s crypto ties is here. Bitcoinist coverage.

The Oct 10 session wiped out over $19B in leveraged positions in 24 hours. NewsBTC reported the scale. Selling accelerated after Donald Trump signaled a 100% tariff on Chinese imports. Bitcoinist reported the tariff signal.

Many traders blamed Binance. Attention focused on liquidation cascades on its derivatives venue. Post-crash coverage. OKX CEO Star Xu criticized Binance’s 12% APY push on USDe, saying it blurred lines with stablecoins like USDT and USDC and masked systemic risks. His comments here.

Jeremie is one of the earliest adopters of Bitcoin, having entered when BTC traded near $1. His old clip urging viewers to buy $1 of BTC later went viral. Profile reference.