Terraform Labs to Open Creditor Claim Portal for 'Terra·Luna'... Compensation Process Begins
Minseung Kang
Summary
- Terraform Labs announced that it will open a claim portal for creditors affected by the 'Terra·Luna' incident.
- The 'Crypto Loss Claim Portal' for compensating losses in the Terra ecosystem will open on the 31st, and the claim deadline is until the 30th of next month.
- Compensation amounts will be calculated based on the recognized loss scale, and some assets are reported to be excluded from claims.
Terraform Labs announced that it will open a claim portal for creditors affected by the 'Terra·Luna' crash.
On the 28th, Terraform Labs stated on X (formerly Twitter) that "the 'Crypto Loss Claim Portal' for compensating losses in the Terra ecosystem will open on the 31st." The claim deadline is until the 30th of next month (local time), and claims submitted after this will not be recognized.
Terraform Labs added, "Creditors must register on the portal and submit documentation proving wallet address and asset ownership." Compensation amounts will be calculated based on the recognized loss scale, and some assets like Luna 2.0 are reported to be excluded from claims.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
