Terraform Labs Opens Portal for Crypto Creditor Claims

Terraform Labs has launched a dedicated portal for creditors of its collapsed cryptocurrency ecosystem. Following the dramatic downfall of its $40 billion venture in 2022, the company filed for bankruptcy restructuring in January 2024. Eligible creditors must register on the ‘Crypto Loss Claims Portal’ by April 30, 2025, to guarantee their claims are processed. Failure to comply with this deadline will result in those claims being dismissed.