TL;DR
Binance US confirmed the distribution of FLR to eligible XRP holders, with a ratio of 1 XRP = 0.1511 FLR for those holding at least 10 XRP.
Despite the ongoing lawsuit with the SEC, which started three years ago over XRP’s status, Ripple has recently secured three significant partial victories. The final verdict is expected in spring 2024.
The Japanese cryptocurrency exchange plans to airdrop Flare and Songbird tokens (SGB) to its XRP holders.
The American subsidiary of the world’s largest cryptocurrency exchange – Binance US – assured that the FlareNetworks airdrop that is supposed to reach eligible XRP holders is “finally here.”
The marketplace said it has successfully distributed FLR earlier this week to investors with a balance of at least 10 XRP. “If eligible, you should have received FLR tokens at a ratio of 1 XRP = 0.1511 FLR,” it clarified.
The offering was introduced at the beginning of December, at the same time when the United States Securities and Exc
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