Crypto Catastrophe: Last Call for Terra Victims to Claim Their Cash! 💸

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Hey there, crypto warriors! If you found yourself crying into your digital wallet after the Terra collapse, fear not! Terraform Labs has decided to throw you a lifeline (or maybe just a floatie) by extending the deadline for filing your claims. You now have until May 16, 2025, to gather your receipts and prove that yes, you did indeed lose money in this wild crypto rollercoaster. 🎢

So, let’s break it down, shall we?

Portal Open Until May 16, 2025

Terraform Labs, the masterminds behind the Terra USD token and Luna coin (which, let’s be honest, sounds like a bad sci-fi movie), are winding down operations after filing for bankruptcy. As part of their “let’s clean up this mess” initiative, they’ve launched a Crypto Loss Claims Portal. Because nothing says “we care” like a website, right?

Originally, you had until April 30 to file your claims, but they’ve graciously extended it to May 16, 2025, at 11:59 p.m. ET. So, grab your favorite snack and get to work on those documents! 🍕

Pro tip: The quickest way to verify your holdings is through Preferred Evidence. Think of it as the VIP pass to the crypto club. You can also submit Manual Evidence, like screenshots or transaction logs, but be warned: this could lead to delays or disqualification. It’s like showing up to a black-tie event in flip-flops. 😬

Who’s Eligible?

To qualify for this claim party, you need to have lost money on cryptocurrencies listed under “Eligible Loss Cryptocurrencies.” This includes tokens from the Terra ecosystem but excludes some of the more questionable ones, like Luna 2.0 on Terra 2.0 (seriously, who thought that was a good idea?) or coins with less than $100 in on-chain liquidity.

For the full list of eligible tokens, check out the official Kroll portal. It’s like a treasure map, but instead of gold, you’re looking for your lost cash. 🗺️

How and Where to File Your Claim?

Ready to dive in? Head over to claims.terra.money to submit your claims. Just make sure you fill out the Crypto Loss Claim Form and attach all necessary documentation before the final deadline of May 16, 2025, at 11:59 p.m. ET. Late submissions? Forget about it! You’ll be left out in the cold, like a forgotten pizza slice. 🍕❌

What If You Miss The Deadline?

If you’re a Terra collapse victim, this is your golden ticket to potentially recover your losses. But if you miss the May 16 deadline, well, let’s just say you’ll be waving goodbye to your chance of getting any of that sweet, sweet crypto back.

So, don’t be that person who procrastinates! Visit the portal, read the claim procedures like your life depends on it, and submit your evidence ASAP. Your future self will thank you! 🙌

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2025-04-12 21:22