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Excluded from cryptocurrency airdrop, a lot of money, what recourse
5 points by applesapl on Sept 30, 2021 | hide | past | favorite | 2 comments
In 2020 Flare announced an airdrop

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.




That's why I always promote using not only separate, clean address for every new transaction, but also new wallet completely.

Unfortunately many wallets, including hardware wallets making this non-default, difficult or outright not possible.

Only very few support this concept well.


Sounds like your target would be whoever made the fraud part of the exclusion list and included your address on it. I would assume that they bought that list from a blockchain analysis company.




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