Excluded from cryptocurrency airdrop, a lot of money, what recourse
more info:
https://dailyhodl.com/2021/07/03/flare-unveils-plan-to-send-100000000000-spark-tokens-to-xrp-holders-in-massive-airdrop/
My address was eligible for the airdrop and I had completed all the necessary steps to claim it
A second airdrop, songbird, was unveiled., which dropped 2 weeks ago.
https://flare.xyz/introducing-songbird/
I saw that I did not get any songbird. After contacting support, a week later I eventually learn that my XRP address was added to an exclusion list. This means I get nothing. The total amount that I am owed is easily in the thousands of dollars (tens of thousands of dollars, possibly even $100k depending on price) over the duration of the airdrop (which is over a three-year period):
https://flare.xyz/further-information-on-the-spark-token-distribution/
It says:
Other than Ripple inc and the non-participating exchanges, there are a few groups that are completely excluded from the distribution. These are Jed McCaleb and accounts that are known to have received XRP as a result of fraud, theft and scams.
So I am guessing they assume my XRP was fraudulently obtained, so I get nothing. However I never engaged in fraud. I received XRP in 2020 as payment, but how was I supposed to know at the time something was wrong? That is not the issue, the issue is I am excluded for a lot of money.
So what should my next step be. The holding company is in the UK:
https://www.xrpchat.com/topic/38453-company-incorporation-info-for-flare-networks/
I am not even sure what the assessed damages will be given that the airdrop has not actually commenced yet, or if there is any way to proceed legally.
2 comments
[ 3.1 ms ] story [ 15.5 ms ] threadUnfortunately many wallets, including hardware wallets making this non-default, difficult or outright not possible.
Only very few support this concept well.