Coinbase Faces Class Action Lawsuit Over Flare (FLR) Airdrop

Coinbase is embroiled in a legal battle. Plaintiff Dallas Woody has filed a class action lawsuit against Coinbase in the United States District Court for failing to provide Songbird and Flare tokens to Coinbase users. This stems from the highly anticipated Flare (FLR) airdrop, leaving many Coinbase users feeling shortchanged.

American publicly traded trading platform Coinbase Global Inc has been dragged into a new class action lawsuit for failing to issue two airdrops featuring Flare tokens, specifically the Songbird (SGB) and Flare (FLR) tokens. The lawsuit alleges that Coinbase promised access to these airdropped tokens but failed to deliver, impacting numerous users of the platform.

Coinbase, a publicly traded company that operates a centralized cryptocurrency exchange platform, was slapped with a class action lawsuit over its failure to distribute the Flare (FLR) airdrop to its users. Plaintiff Dallas Woody has sued the exchange for not providing its users access to Songbird and Flare tokens. The core of the issue revolves around Coinbase's alleged commitment to distribute the FLR and SGB tokens to eligible users but failing to follow through.

The crypto exchange is believed to have officially acknowledged the airdrop and its intended distribution to users holding XRP at the time of the snapshot. However, affected users claim they never received their allocated tokens. Coinbase, the largest US-based cryptocurrency exchange by 24-hour trading volume, has been hit with a civil lawsuit relating to the Songbird (SGB) and Flare (FLR) airdrop distribution. The lawsuit seeks compensation for users who were allegedly denied access to their rightfully earned FLR and SGB tokens.

This class action lawsuit could have significant implications for Coinbase and its future handling of airdrops and user communications. Stay tuned for updates on this developing story.