These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. As earlier reported by Timestabloid, most supporting exchanges disclosed that the FLR airdrop will be distributed to qualified users within two weeks of the FLR Token Distribution Event (TDE). Notably, while Binance and other exchanges have completed the distribution of the FLR and SGB airdrops to its eligible users, the U.S.-based crypto exchange Coinbase is yet to do so. Related: Ripple CTO David Schwartz: There Is No Remaining FLR Airdrop Balance For XRP Holders Anymore But following the amount of FLR tokens airdropped to eligible XRP holders, several XRP holders including Ripple CTO David Schwartz frowned at the Flare Networks team. The long-anticipated FLR airdrop was finally released on January 12 after two years to several supporting crypto exchanges including Binance and Coinbase to distribute to their qualified users. XRP holders eligible for the SGB airdrop are those who were part of the FLR airdrop snapshot in December 2020. Likewise, the team also announced its plans to airdrop another token Songbird (SGB) to XRP holders in July 2021. In 2020, the Flare Networks team promised FLR airdrop to XRP holders whose balances were recorded at the time of the December 2020 snapshot exercise. Dallas Woody, an XRP digital token holder, filed this class action lawsuit against Coinbase and its Chief Executive Officer Brian Armstrong on Friday, individually and on behalf of all others similarly situated.
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