Terraform Labs Extends Crypto Loss Claims Deadline to May 16, 2025

Terraform Labs has extended the deadline for creditors to file their claims for crypto losses through its official portal. The new deadline is set for May 16, 2025. This extension provides victims of the crypto collapse an additional opportunity to seek compensation for their losses. The Crypto Loss Claims Portal, launched on March 31, 2025, has been instrumental in facilitating this process, allowing creditors to submit their claims and seek restitution for their financial losses. This move by Terraform Labs underscores the company's commitment to addressing the aftermath of the collapse and providing a structured mechanism for creditors to recover their losses. The extension of the deadline ensures that all affected parties have ample time to file their claims and receive the compensation they deserve.

To be eligible, claimants must have suffered losses from cryptocurrencies listed under “Eligible Loss Cryptocurrencies.” These include tokens that were part of the Terra ecosystem but exclude some holdings like Luna 2.0 on Terra 2.0 or coins with very low on-chain liquidity. A full list of eligible tokens is available on the official Kroll portal. The fastest and most trusted way to verify your holdings is through Preferred Evidence, such as read-only API keys from major exchanges or wallet verifications. Submitting Manual Evidence, like screenshots or transaction logs is allowed, but this method could result in delays or even disqualification if Preferred Evidence is available and not used.

Users can visit claims.terra.money to submit their claims. It’s important to complete and submit the Crypto Loss Claim Form along with all necessary documentation before the final deadline of May 16, 2025, at 11:59 p.m. ET. Any claims submitted after this time will not be accepted. If you’re a victim of the Terra collapse, this may be your best shot at recovering losses. However, failing to file a claim before May 16 means you’ll likely lose your chance to recover any losses. Be sure to visit the portal, read the claim procedures carefully, and submit your evidence as soon as possible.