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news-imageMarch 28, 2025

Terraform Labs Launches Online Claims Portal for Creditors to file for funds recovery

Terraform Labs' Crypto Loss Claims Portal opens on March 31, 2025, and closes on April 30, 2025. Creditors must submit proof of ownership; manual evidence may slow review or risk rejection.
Publisher: TheNewsCrypto
Sentiment: Positive
LUNA
LUNC

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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.

Negative
cover-imageCryptopolitan
March 28, 2025

Galaxy Digital faces $200M settlement over LUNA involvement

The New York Attorney General (AG) office has commenced an investigation on Galaxy Digital with a settlement of $200 million over its involvement in the LUNA cryptocurrency. The crypto crashed alongside Terra Blockchain powered by Terraform Labs and led to the erasure of over $40 billion in investor funds.

Negative
cover-imageCryptonews
March 28, 2025

Galaxy Digital Fined $200M for Luna Manipulation and Fraud

Galaxy Digital faces a $200M fine for manipulating Luna's market, highlighting deceptive practices and raising concerns about transparency and accountability in the cryptocurrency industry. The post Galaxy Digital Fined $200M for Luna Manipulation and Fraud appeared first on Cryptonews.

Negative
cover-imageBenzinga
March 28, 2025

Galaxy Digital To Pay $200 Million In Terra-LUNA Settlement With New York Attorney General

Galaxy Digital has reached a $200 million settlement with the New York Attorney General (NYAG), following allegations the firm failed to disclose its financial interests while promoting the now-collapsed LUNA cryptocurrency. What Happened: The agreement, revealed through a state filing, resolves a case brought under the Martin Act and Executive Law, Axios reported.

Negative
cover-imageInvezz
March 28, 2025

Galaxy Digital reaches $200m settlement with NYAG over LUNA

Galaxy Digital, a digital assets investment firm founded by Michael Novogratz, has agreed to a $200 million settlement with the New York Attorney General's Office (NYAG). Per Axios, the settlement relates to alleged misconduct by Galaxy Digital, which is accused of heavily promoting the LUNA token before its catastrophic collapse in 2022.

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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