Announcement of Airdrop to XRP Holders! Court Approved!

Ripple (XRP) owners have been waiting for nearly two years. Flare (FLR) The token airdrop took place on January 10.

FLR tokens will be distributed to users holding XRP tokens in their wallet or on supporting exchanges on December 12, 2020.

One good news after the completion of the Flare airdrop is the bankrupt cryptocurrency lending platform Celsius’it came from

Martin Glenn, the judge of the US bankruptcy court for the Southern District of New York, has authorized Celsius to distribute Flare tokens, The Block reports.

According to this decision Celsius, FLR will be able to issue FLR tokens to eligible account holders who qualify for the airdrop.

Celsius also signed an agreement with the Flare network in 2020 and XRP had agreed to be part of the FLR airdrop process defined for its users.

While users holding XRP in their Celsius account await the Flare airdrop, Celsius filed for bankruptcy in July 2022.

What XRP holders are waiting for FLR In order to receive the tokens, the bankruptcy court had to grant distribution authority to Celisus.

It has been in a big drop since January 10. flare At the time of writing, it continues to trade at $ 0.03508.

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