Episode 47 of Season 5 of The Scoop was recorded with The Block’s Frank Chaparro and Loomdart, co-founder of eGirl Capital.
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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.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: https://www.theblock.co/post/230763/loomdart-ftx-restart?utm_source=rss&utm_medium=rss