Last Chance to Claim Terra Luna Losses as Deadline Moves to May 16
Mustafa Mulla29 Apr 20252 min read
The collapse of TerraUSD (UST) and LUNA shook the crypto world, leaving millions of investors with heavy losses. Now, there’s finally a chance for affected users to get some of their money back. With Terraform Labs shutting down and filing for bankruptcy, the claims process is officially open — but the clock is ticking.
Submit Your Claims Before May 16, 2025
The original deadline to submit claims was April 30, 2025, but Terraform Labs has extended it to May 16, 2025, at 11:59 p.m. ET. This gives you more time to prepare and submit your claim, but you must act fast!
However, claims must be filed electronically through the official Online Claims Portal. It’s fast and easy, but only if you submit before the cutoff date. Any claims submitted after this deadline will not be accepted, so it’s important to act quickly.
Who Can File Claims?
If you invested in Terra’s cryptocurrencies, particularly Terra USD or Luna, and lost funds when the tokens collapsed, you’re eligible to file a claim. However, not all cryptocurrencies are eligible.
Cryptos with less than $100 in on-chain liquidity and certain other exclusions won’t qualify. Be sure to check if your holdings meet the requirements before you file.
What You Need to Provide
To support your claim, you’ll need to show proof of ownership of the assets. There are two types of evidence you can provide:
- Preferred Evidence: This includes API keys from exchanges. It’s the fastest and most reliable option.
- Manual Evidence: You can also submit things like transaction logs or screenshots. These take longer to verify and may be disqualified if they don’t meet the requirements.
Submitting strong evidence gives your claim a better chance of being approved quickly.
What Happens After Submission?
After you send in your claim, it will be reviewed by the Wind Down Trust managing Terraform Labs’ remaining assets. Within 90 days, you’ll receive a decision showing how much of your claim has been accepted.
You can either agree with the amount or dispute it. If you agree, the claim will move forward for payment. Payouts will be made on a pro-rata basis — which means each person gets a fair share based on how much they lost.
Don’t Wait — Start Your Claim Now
If you haven’t started yet, visit claims.terra.money to begin the process. With the deadline now just around the corner, this could be your last chance to recover some of your lost funds.
If you’re someone who got caught in the Terra collapse, don’t miss this opportunity to get something back.
