I have a simpler explanation: he's bought a bunch of bitcoins and uses his position to inflate its price. If it's true, at some point he'll decide to cash out a

I have a simpler explanation: he's bought a bunch of bitcoins and uses his position to inflate its price. If it's true, at some point he'll decide to cash out and announce that he will make bitcoin illegal to drop its price back. Maybe he'll repeat this cycle a few times.