Loomdart, a veteran member of the crypto community and the co-founder of eGirl Capital, is advocating for an FTX reboot. In this episode, Loomdart explains why 'FTX 2.0' could represent an opportunity for over a million FTX creditors to be made whole in a unique way. As Loomdart explains, "My quickest pitch for FTX 2.0 is you effectively get to 'airdrop' an exchange to over a million people who have a big vested interest in using this exchange."Last month, a potential reboot plan for FTX reportedly caught the attention of venture capital firm Tribe Capital. During this episode, Chaparro and Loomdart also discuss: The 'institutionalization' of $PEPE Making sense of memecoin mania Alameda's billion-dollar tax bill This episode is brought to you by our sponsor CleanSpark. About CleanSpark CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.
Analysis: done · source seed