Flare Airdrop: Will Celsius Users Receive Their Tokens?

.FlareNetworks will finally conduct its distribution event later today

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, the embattled lender filed for bankruptcy protection in July after unexpectedly suspending withdrawals. Later, it turned out that the company had a $1.2 billion hole in its balance sheet. After two years, Flare Network finally kicked off its airdrop in late 2022, onboarding major exchanges. However, it is unclear what will happen to the tokens of those users who had their XRP holdings on the now-defunct Celsius platform.

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