Terraform Labs to Accept Investor Claims Starting March 31, Deadline Set for April 30
Investors impacted by the dramatic 2022 collapse of Terraform Labs will soon have the chance to seek partial reimbursement. Beginning March 31, the company will launch an official claims portal, giving creditors a one-month window to file for potential recovery of crypto losses tied to the fall of TerraUSD and LUNA.
The process is part of Terraform Labs’ ongoing court-ordered wind-down and will be managed by claims administrator Kroll, according to a statement on Medium. Eligible parties must file their claims via claims.terra.money no later than 11:59 p.m. ET on April 30, 2025. Claims filed after this time will not be accepted.
Only specific cryptocurrencies listed in the bankruptcy documents are eligible, and tokens like LUNA 2.0 or assets with extremely low liquidity (under $100) won’t qualify. Claimants must also provide proof of ownership—ideally via read-only API keys from crypto exchanges, which are deemed more reliable than screenshots or manually uploaded files.
Once submitted, claims will undergo a review and verification process. Decisions on eligibility are expected to be issued within 90 days of the April deadline. Valid claims will be considered for pro rata distribution during the final stages of the resolution process.
The Terra ecosystem’s implosion remains one of the most catastrophic events in crypto history, erasing more than $40 billion in market value within days. This upcoming claims process offers a narrow but significant opportunity for affected investors to recover part of their losses.
