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news-imageSeptember 26, 2024

LUNC News: Terra Luna Classic Community Votes On USTC Burn Proposal

LUNC News: The Terra Luna Classic community has recently initiated a USTC burn proposal, which has gained notable traction from the market participants. This initiative follows TerraForm Labs' recent move to wind down its operations and burn remaining assets, which has noted significant attention from the community members.
Publisher: Coingape
Sentiment: Neutral
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cover-imageCointelegraph
March 28, 2025

Terraform Labs to open loss claims portal on March 31

Terraform Labs — the company behind LUNA (LUNA) and algorithmic stablecoin TerraUSD (UST) — will launch its crypto loss claims portal on March 31. The portal is aimed at reimbursing individuals who lost at least $100 due to the collapse of the Terra ecosystem in 2022.The move follows a Delaware court's approval for Terraform Labs to wind down operations.

Neutral
cover-imageInvezz
March 28, 2025

Terraform Labs launches claims portal: check details

Terraform Labs has launched an official claims portal for victims of the TerraUSD (UST) collapse, enabling creditors to seek compensation for their crypto losses linked to the failed Terra ecosystem. The move follows the company's court-approved bankruptcy wind-down plan and a $4.47 billion settlement with the US Securities and Exchange Commission (SEC). Terraform's portal, claims.terra.

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