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Hey there. Welcome to The Hash. It's me, Zach. I got Jensenassie. I got Adam Levine. We're on

CoinDest TV. That's pretty cool. CoinDest Podcast Network, also super cool. Check it out. Good stuff.

We're here to talk about today's news and crypto and more.

And I'm going to kick it straight to Jen for the first story of the day. Jen, what do you got?

All right. We got some more developments with FTX according to report by the Wall Street Journal.

FTX is moving ahead with plans to restart its international exchange. CEO John Jay, Ray, the third, is quoted in the article saying that the company has, quote, begun process of soliciting interested parties to the reboot of the FTX.com exchange.

Sources say the company has already had early talks with investors about different structures, including possibly a joint venture.

Adam, I'm going to kick this one off to you.

Seems like FTX 2.0 could be on the horizon.

What do you make of this?

Well, I think it makes sense just from the perspective of if you were going to try to get

value out of this brand, then this would be the way to do it.

FTX, although it had a pretty abrupt fall from grace, really was a top exchange for a good amount of time, not necessarily for

folks in the U.S. We weren't really allowed to use it, much to my chagrin at the time. But in hindsight,

that turned out to be pretty all right. The reality, though, is that if they can reboot it, then there probably is substantial brand

value to be had there.

And that could wind up being a better way to recover, you know, much of kind of the losses

that appear to have been incurred here for folks who have funds trapped in there.

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