• Remaining deadline: File Terra/Luna/UST loss claims by 11:59pm on Might sixteenth
• Eligibility Restricted: Unique Terra Property (LUNC/UST); Excludes Luna 2.0
• API key verification is extremely beneficial for sooner and smoother declare critiques

Terraform Labs, the corporate behind the collapsed Terra blockchain (Luna/Lunc, UST), has set strict deadlines for submitting cryptocurrency loss claims. Collectors should file a declare by way of TFL’s Wind On Belief Portal by 11:59pm till Might 16, 2025.

The TFL pressured that this is without doubt one of the potentialities that victims of the Terra ecosystem crash may search potential monetary restoration by way of the formal course of. Late submissions are usually not accepted underneath any circumstances.

What’s the claims course of?

Crypto Loss is requesting a portal, the primary stay present since March 31, 2025, however is blown by the structured winds of TFL.

Managed by Kroll Restructuring Administration LLC, this portal permits affected customers to submit claims for losses electronically. The Might sixteenth deadline offers an extension time for customers to gather the paperwork they want.

Terraform Labs highlighted the finality of this date, warning that late submissions are usually not acceptable underneath any circumstances.

The message is obvious. In case you are affected by Terra’s collapse and need to recuperate a few of your losses, you have to to behave earlier than the deadline.

Who’s eligible to file a Terra Loss declare?

Eligibility is strictly outlined. Claims are thought-about solely within the lack of “certified loss cryptocurrency” of a selected authentic Terra ecosystem asset. Importantly, this excludes property with Luna 2.0 (on the Terra 2.0 chain) and minimal on-chain liquidity (lower than $100).

A whole record of eligible property is offered at “Schedule I” on the cross portal at cross.kroll.com/terraform.

How will the sufferer submit a declare earlier than the deadline?

Claimants should comply with these essential steps previous to the Might sixteenth deadline.

1. register: Join the official bill portal. Terra.Cash.
2. Confirm possession:

• Signed transactions from a supported pockets (for Terra Ecosystem or different supported blockchain property), or
• a Learn-only API key Terraform is strongly most well-liked from a significant change on account of its reliability and resistance to operation.

3. Submit the shape: Fill out the Crypto Loss Declare Type and supply particulars about transactions, holdings, and actions akin to swap and staking.
4. Documentation offered: Use your most well-liked API-based validation. Or, if essential, handbook proof akin to screenshots and transaction logs (which might result in delays or rejections).

Submit it earlier than the ultimate deadline of Might sixteenth, 2025.

What occurs after I submit my Terra declare? (Proof and assessment)

Plan directors will take a significant precedence to claims verified utilizing Precedence proof (API key) Due to its authenticity and ease of verification.

Handbook submissions face slower critiques, but when API-based knowledge is offered and never in use, it could be partially or solely permitted. Collectors who solely file screenshots or logs ought to count on longer critiques and potential disputes relating to the validity of the declare.

After the Might sixteenth deadline, Wind Down Belief will assessment every declare filed. Collectors should obtain notification of the preliminary dedication of the worth of the declare inside 90 days.

In the event that they agree, they are going to be caught within the queue for proportional allocation. In any other case, we could start a dispute decision course of as outlined within the official cryptocurrency loss claims process. All distributions are topic to id verification and different required compliance checks.