Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Bakkt Files $1 Billion Shelf Offering for Potential Bitcoin Purchases

    Bhutan Mines 12,000 Bitcoin Using Hydropower Initiatives

    Changpeng Zhao Predicts Bitcoin Gain Over Real Estate

    Changpeng Zhao Predicts Future BTC Value Over US Homes

    Bitcoin Treasury Corporation Buys 292.8 BTC for $31.6 Million

    Coinbase CEO Confirms Weekly Bitcoin Purchases

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    XRP Approaches Breakout Amid 206-Day Consolidation

    Solana Price Speculation: Key Factors Before June Closes

    Shiba Inu Sees 12,000% Burn Rate Spike

    Dinari Gains Approval for First U.S. Tokenized Stock Platform

    GF Securities Launches Yuan-Backed Tokenized Securities in Hong Kong

    Pi2Day Sparks Speculation over Pi Coin Listing

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Terraform Labs Opens Crypto Claims Portal for Creditors

Solomon M. by Solomon M.
March 28, 2025
in Altcoin News
Key Takeaways:

  • Terraform Labs opens claims portal post-TerraUSD collapse.
  • Submissions available until April 30, 2025.
  • Prioritizes coverage of creditors’ losses.

terraform-labs-opens-crypto-loss-claims-portal
Terraform Labs Opens Crypto Loss Claims Portal

Terraform Labs announces the opening of its Crypto Loss Claims Portal for creditors affected by TerraUSD’s collapse. It will be accessible on March 31, 2025, at claims.terra.money until April 30, 2025, allowing submissions for claimed losses.

The event marks a significant step in Terraform Labs’ ongoing bankruptcy proceedings, offering a structured process for creditors to recover losses. It underscores the company’s efforts to address financial damages following TerraUSD’s failure.

Terraform Labs has unveiled its Crypto Loss Claims Portal, catered to creditors harmed by TerraUSD’s downfall. From March 31, 2025, creditors can submit claims until April 30, 2025. The filing process is comprehensive, demanding proof of ownership and relevant financial documentation.

Affected creditors need to register on the portal, providing transaction details to substantiate their claims. Terraform Labs clarifies that assets below a certain on-chain liquidity threshold, such as Luna 2.0, are excluded from this process. The Wind Down Trust will oversee the verification of claims. For official updates, creditors can check Terra Money’s Twitter account.

Immediate implications deviate on industries linked to TerraUSD, prompting discussions on how best to manage future cryptocurrency failures. The market’s stability, closely tied to such events, necessitates attention towards adherence to regulatory standards.

Financial consequences for Terraform Labs are substantial, with a $4.47 billion settlement with the SEC and reliance on assets from co-founder Do Kwon. This move represents a broader effort to stabilize operations post-liquidation, per SEC guidelines.

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 Crypto Loss Claims at https://t.co/7YQvfQr76x. The deadline to file is April 30, 2025 at 11:59 p.m. (prevailing Eastern…” — Terraform Labs, Official Twitter Account

Anticipated outcomes of the claims process might affect creditor recovery rates and market confidence in cryptocurrencies. Historical dealings and the SEC settlement lay groundwork for subsequent regulatory changes demanding enhanced transparency and financial accountability within the industry.

Previous Post

NASDAQ Applies to SEC to List Grayscale’s AVAX ETF

Next Post

504M+ Tokens Gone in Qubetics Presale – The Best Crypto Presale to Buy for 2025 as Bitcoin and Cosmos Explode

Solomon M.

Solomon M.

Related Posts

XRP Approaches Breakout Amid 206-Day Consolidation

by Solomon M.
June 27, 2025

XRP nears potential breakout with 206-day price consolidation as analysts predict imminent market movement.

Solana Price Speculation: Key Factors Before June Closes

by Solomon M.
June 27, 2025

Solana Labs anticipates potential price changes before June's end, influenced by market trends.

Shiba Inu Sees 12,000% Burn Rate Spike

by Solomon M.
June 27, 2025

Shiba Inu's burn rate surged by 12,833%, impacting price and market engagement.

Dinari Gains Approval for First U.S. Tokenized Stock Platform

by Solomon M.
June 27, 2025

Dinari secures broker-dealer registration for tokenized stock trading on blockchain in the U.S.

GF Securities Launches Yuan-Backed Tokenized Securities in Hong Kong

by Solomon M.
June 27, 2025

GF Securities, in partnership with HashKey Chain, launches yuan-backed tokenized securities in Hong Kong following regulatory approval.

Pi2Day Sparks Speculation over Pi Coin Listing

by Solomon M.
June 27, 2025

Pi2Day's approach raises speculation on major exchange listings, boosting PI Coin interest.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.