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news-imageFebruary 27, 2024

Terra Classic (LUNC) Community Approves Landmark Proposal to Burn 800 Million USTC

The Terra Classic community has voted in favor of a proposal to burn 800 million USTC through contract migration, marking a pivotal governance decision.
Publisher: Blockchain News
Sentiment: Positive
LUNC
USTC

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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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