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Excluded from cryptocurrency airdrop, a lot of money, what recourse

5 pointsby applesaplover 3 years ago
In 2020 Flare announced an airdrop<p>more info:<p>https:&#x2F;&#x2F;dailyhodl.com&#x2F;2021&#x2F;07&#x2F;03&#x2F;flare-unveils-plan-to-send-100000000000-spark-tokens-to-xrp-holders-in-massive-airdrop&#x2F;<p>My address was eligible for the airdrop and I had completed all the necessary steps to claim it<p>A second airdrop, songbird, was unveiled., which dropped 2 weeks ago.<p>https:&#x2F;&#x2F;flare.xyz&#x2F;introducing-songbird&#x2F;<p>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):<p>https:&#x2F;&#x2F;flare.xyz&#x2F;further-information-on-the-spark-token-distribution&#x2F;<p>It says:<p><i>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.</i><p>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.<p>So what should my next step be. The holding company is in the UK:<p>https:&#x2F;&#x2F;www.xrpchat.com&#x2F;topic&#x2F;38453-company-incorporation-info-for-flare-networks&#x2F;<p>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

Trias11over 3 years ago
That&#x27;s why I always promote using not only separate, clean address for every new transaction, but also new wallet completely.<p>Unfortunately many wallets, including hardware wallets making this non-default, difficult or outright not possible.<p>Only very few support this concept well.
bitxbitxbitcoinover 3 years ago
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.