Terraform Labs launches claims process for UST creditors; deadline April 30
Register via claims.terra.money with proof of ownership before deadline
Recovery is not guaranteed; payouts are pro rata based on available assets
Bankrupt firm Terraform Labs has launched a claims process to address creditor losses from the failed TerraUSD (UST) stablecoin collapse.
The official Crypto Loss Claims Portal opens March 31, 2025. Creditors must file claims before the strict April 30, 2025 deadline (11:59 p.m. Eastern Time).
How Do Creditors File Claims?
Meeting that deadline requires specific steps for claim submission. Claimants must first register via the official portal at claims.terra.money. Registration involves providing acceptable proof of asset ownership, such as signed blockchain transactions or read-only API keys from cryptocurrency exchanges. Finally, a completed Crypto Loss Claim Form with detailed documentation must be submitted through the portal before the cutoff to avoid forfeiture.
Terraform Labs Creditors: The Crypto Loss Claims Portal is scheduled to open for submission of Crypto Loss Claims on March 31, 2025. Creditors may file Eligible Cry…
The post How to File a Claim Against Terraform Labs: Portal Opens March 31 appeared first on Coin Edition.
