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Terraform Labs Creditors Have a Month to Submit Claims for Losses

Terraform Labs has opened an online portal for investors to submit compensation claims for financial losses stemming from the May 2022 de-pegging of TerraUSD.

Managed by administrators at New York-based Kroll, the portal will open on Monday, March 31 and close on April 30, giving loss-making investors a month to file claims.

Applicants will have to submit evidence supporting their filings, including wallet addresses in which Terra-based cryptocurrencies were held, as well as transaction logs for any users who sold tokens at a loss after the May de-peg.

Terraform Labs Creditors Have a Month to Submit Claims for Losses

Terraform Labs has opened an online portal for investors to submit compensation claims for financial losses stemming from the May 2022 de-pegging of TerraUSD.

Managed by administrators at New York-based Kroll, the portal will open on Monday, March 31 and close on April 30, giving loss-making investors a month to file claims.

Applicants will have to submit evidence supporting their filings, including wallet addresses in which Terra-based cryptocurrencies were held, as well as transaction logs for any users who sold tokens at a loss after the May de-peg.

https://decrypt.co/312291/terraform-labs-creditors-claims