Terraform Labs to open loss claims portal on March 31

Quick Summary:

In its announcement, Terraform Labs warned that claims submitted with manual evidence “will likely be subject to a protracted review process” and may be disallowed if preferred evidence is also available.

Terraform Labs — the company behind LUNA (LUNA) and algorithmic stablecoin TerraUSD (UST) — will launch its crypto loss claims portal on March 31.

Terraform Labs’ fall from graceIn June 2024, Terraform Labs announced that it would cease operations and transfer control of the Terra blockchain to its community.

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Article Details

Author / Journalist: Cointelegraph by Christopher Tepedino

Category: Crypto

Markets: United States

Topics: Terra Labs Evidence Billion Portal Collapse Terraform Claims Crypto Preferred Ecosystem

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 17:22:42 (3 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 418 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27386841

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 17 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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