Loomdart, co-founder, eGirl Capital

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.