Reaction subscribers are a sophisticated bunch but even those of you with some knowledge of crypto currencies and what’s known as Big Tech may be baffled by the extraordinary goings-on in these far-away worlds.

Take the astonishing story of FTX, one the world’s second biggest and most influential crypto currency exchanges with more than a million users. With headquarters in the Bahamas, the exchange was founded and run by the young Sam Bankman-Fried who became one of the poster boys of the wild west dealing in cryptos.