Crypto anon Loomdart makes the case for FTX 2.0 to go ahead
Quick Take
- Loomdart delves into ‘FTX 2.0’ as a unique opportunity to restore value for FTX creditors.
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.
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