Terraform Labs Reopens Claims Portal with Extended Deadline

Victims of the Terra blockchain collapse are being given one final window to take action.

Terraform Labs, the company behind the collapsed Terra blockchain, has reopened the claims portal and extended the deadline for victims to file claims.

The company, now in the process of shutting down amid bankruptcy, is offering a final window for those who lost assets in the 2022 Terra ecosystem collapse to officially file claims. However, this window will close definitively on May 16, 2025, at 11:59 p.m. Eastern Time.

Terra victims can claim for lost assets

Victims of the Terra blockchain collapse are being given one final window to take action.

Terraform Labs, now in the process of shutting down amid bankruptcy, has reopened the door for those who lost assets in the 2022 disaster to officially file claims — but that door will close for good on May 16, 2025.

Terra Labs has set up an online claims platform to compensate users who held eligible assets during the Terra ecosystem collapse. While the deadline was previously set for late April, the updated schedule offers a little extra breathing room for users still scrambling to collect the required information.

Claims must be submitted through the official portal, and while there are a few ways to prove your holdings, not all methods are treated equally. The platform gives clear preference to automated, verifiable data — like read-only API keys from centralized exchanges or wallet verification methods. Submitting screenshots or transaction history manually is still permitted, but doing so comes with a warning: less reliable evidence could slow down your claim or result in outright rejection if a better option was available.

Not every Terra-linked token qualifies for reimbursement. Assets tied to the second version of the network — like Luna 2.0 — and coins with extremely limited liquidity don’t make the cut. An up-to-date list of tokens considered eligible can be found through the claims administrator, Kroll.

To begin the process, users must visit claims.terra.money, where the claim form and evidence must be submitted by the May 16 cutoff. Any claims filed beyond that point will be ignored, regardless of merit.

For anyone still holding losses from the Terra collapse, this may be the last meaningful shot at recovering funds. Once the deadline passes, so does the opportunity — permanently.