The post Terraform Reminds Creditors of May 16 Crypto Claim Deadline appeared on BitcoinEthereumNews.com.

Terraform Labs urges creditors to file crypto loss claims before the May 16 deadline or lose recovery rights TerraUSD claimants must submit all forms and evidence through Kroll’s crypto portal before the deadline Only assets listed on Schedule I are eligible; Luna 2.0 and low-liquidity tokens will not be considered Terraform Labs has issued a final reminder to creditors impacted by the TerraUSD (UST) collapse that the window to submit crypto loss claims is closing fast. According to an official post on X, the deadline to file is May 16, 2025, at 11:59 p.m. ET. Reminder: The deadline to file Crypto Loss Claims with the Terraform Labs Pte. Ltd. Wind Down Trust is May 16, 2025, at 11:59 p.m. Eastern Time. Creditors must file their Eligible Crypto Loss Claims via https://t.co/7YQvfQr76x by this date. Late submissions will not be accepted.… — Terra 🌍 Powered by LUNA 🌕 (@terra_money) April 29, 2025 Claims Must Be Filed Through Kroll’s Crypto Portal Additionally, the claims must be submitted through the designated online portal at [claims.terra.money](http://claims.terra.money), managed by Kroll Restructuring Administration LLC. Late submissions will not be accepted, and creditors failing to meet the deadline risk forfeiting any potential recovery. Related: How to File a Claim Against Terraform Labs: Portal Opens March 31 The Crypto Loss Claims Portal officially launched on March 31, 2025, allowing creditors to file electronically. According to the report, applicants must submit a Crypto Loss Claim Form and all supporting documentation through the online system. Kroll, a restructuring service provider appointed as part of the bankruptcy process, manages the portal’s administration. Only Eligible Cryptocurrencies Will Be Considered The Plan Administrator will determine claim amounts based on eligible cryptocurrencies held by each claimant. A complete list of cryptocurrencies that qualify for recovery will be available under “Schedule I, List of Eligible Loss Cryptocurrencies” at restructuring.ra.kroll.com/Terraform. Notably, any…

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Filed under: News - @ April 30, 2025 2:20 am