Terraform Labs to Accept Loss Claims Until May 17

Uk Jin

Summary

Terraform Labs announced that it will accept loss claim documents for the bankrupt Terra project from creditors until May 17.
It stated that after this date, loss submissions will not be possible.
Creditors are advised to check the loss claim deadline and submit documents promptly.

The bankrupt virtual asset (cryptocurrency) project Terra (UST) seems to be compensating creditors.

On the 14th (local time), Terraform Labs announced via its official X (formerly Twitter) that "Terraform Labs will accept virtual asset loss claim documents until May 17, 12:59 PM (KST)."

It added, "After this date, loss submissions will not be possible."

LUNC

UST