The rise and fall and rise again of Bitcoin

Donald Trump was once a crypto sceptic. Now his re-election has sent the volatile price of Bitcoin sky-high.

These days, he’s known as 37244-510. Not quite as catchy as SBF, the three-letter acronym mentioned in hushed tones back when he was revered as the richest man in the crypto sphere.

Sam Bankman-Fried once was the bold warrior in Bitcoin’s battle for control of the future. He was the mop-top geek, the maths genius who threatened to upend banking and finance and change the way we thought about business.

In the end, he went down for the oldest and most traditional of financier foibles, stealing money from his own clients.

These days, he is best known as the nerd who presided over one of the biggest financial frauds in American history.

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