Terraform Labs extends claims deadline to May 16, 2025
Final opportunity to recover losses
Terraform Labs, the company behind the collapsed TerraUSD stablecoin and LUNA token, has extended the deadline for submitting loss claims to May 16, 2025, at 11:59 PM ET. Missing this deadline means losing any chance of recovering losses from the Terra ecosystem crash.
Terraform Labs, which is in the process of winding down operations following its bankruptcy filing, launched an online claims portal to allow impacted users to file for compensation related to their crypto losses.
The previous deadline was April 30, but the extension gives creditors more time to submit claims and upload the necessary documentation.
Final opportunity to recover losses
The compensation process covers cryptocurrencies within the Terra ecosystem, excluding some assets such as LUNA 2.0 on Terra 2.0 or tokens with very low on-chain liquidity (under $100). A full list of eligible tokens is available on the official Kroll claims portal.
The fastest and most reliable way to verify your holdings is by providing preferred proofs, such as read-only API keys from major exchanges or verified wallet information.
Manual submissions — like screenshots or transaction logs — are also allowed but may lead to delays or disqualification, especially if preferred proofs are available but not used.
Users can visit claim.terra.money to file their claims. It is essential to submit the form and all supporting documentation before the final deadline. Any claims submitted after the deadline will not be accepted.
U.S. prosecutors have announced that the recent shift in the Department of Justice’s (DOJ) approach to crypto enforcement will not impact the charges currently pressed against Terraform Labs founder Do Kwon.
