Flare Airdrop is one of the much anticipated events in the recent history of the digital asset industry. However, the distribution of FLR tokens didn’t make it to the expectation of Ripple’s native token, XRP holders. In this disappointment, a class action lawsuit has been filed against Coinbase, crypto exchange.
As per a complaint filed in the United States District Court, Plaintiff Dallas Woody has filed a class action lawsuit against Coinbase for its failure to provide their customers with Songbird and Flare tokens. It is alleged that the crypto exchange publicly agreed to distribute the airdrop among the XRP holders.
It mentioned that the lawsuit is filed individually and on the behalf of all others similarly situated to the Flare Airdrop. However, the complaint also carries the name of Coinbase’s CEO Brain Armstrong.
The post Just-In: Coinbase To Face Class Action Lawsuit Over Flare Airdrop Issue appeared first on CoinGape.