The preliminary deadline for filing claims for cryptocurrency losses in the Terraform Labs bankruptcy case has been set for August 22
On July 23rd, Terra issued a community important notice stating that in the Chapter 11 bankruptcy case of Terraform Labs Pte Ltd (TFL) and Terraform Labs Limited (TLL), the preliminary deadline for filing a claim for cryptocurrency losses is 5:00 on August 22, 2024, Beijing time. Users who filed a claim against TFL before January 21, 2024, and against TLL before July 1, 2024 need to submit it before August 22. Terra stated that for the avoidance of doubt, the preliminary cryptocurrency loss claim deadline is for Chapter 11 program voting purposes only and does not apply to allowances or distributions, which will be addressed in the Chapter 11 program.