Sell your
Terra Luna claim.Get paid
within 24 hours.
Lost money in LUNA or UST and filed a Crypto Loss Claim against Terraform Labs? Sell it on the Terra claims marketplace instead of waiting years for distributions. Free for sellers, a firm price, and USDC in your wallet within 24 hours of signing.
Continues on terra-claim.com, the Terra claims marketplace built on iClaim infrastructure.
- to see a firm offer for your Allowed amount
- ~1 min
- to see a firm offer for your Allowed amount
- to receive USDC after you sign
- 24h
- to receive USDC after you sign
- fees for sellers
- $0
- fees for sellers
- Terraform Labs, case 24-10070 (D. Del.)
- Ch. 11
- Terraform Labs, case 24-10070 (D. Del.)
Where does the Terra bankruptcy stand?
Terraform Labs is in Chapter 11 liquidation. Creditors with an Allowed claim will be paid pro rata, but no date for the first distribution has been announced.
- Court
- U.S. Bankruptcy Court, District of Delaware, Case No. 24-10070
- Plan
- Liquidation plan confirmed in September 2024. A Wind Down Trust holds the assets; Todd Snyder is Plan Administrator.
- Claims register
- Crypto Loss Claims were filed through Kroll at claims.terra.money. The filing deadline passed in 2025; claims are reviewed in rolling Initial Determinations.
- What gets paid
- Allowed claims share pro rata, in USD, in the SEC settlement fund, the creditor pool and any lawsuit recoveries.
- Pending lawsuits
- The Plan Administrator is suing Jump Trading for $4B and Jane Street over a UST swap. Outcomes and timing are uncertain.
- First distribution
- Not announced yet.
How does selling a Terra claim work?
Four steps, most of it in a single day.
- 1~1 minute
Get your offer
Enter your Allowed CLC amount from claims.terra.money, choose USDC or bank wire, and leave your email. A firm cash offer appears on the page and in your inbox. No account needed.
- 2~10 minutes
Onboard
Accept the offer, then add your payout details, your claim PDF, the Kroll determination email and an identity check.
- 3~10 minutes
Verify on a short call
A short video call: you log in to the Kroll portal yourself and share your screen, so ownership is confirmed. Nobody asks for your password.
- 4Within 24h
Sign and get paid
Sign the Transfer of Claim Agreement on DocuSign; the buyer countersigns, usually within 24 hours. USDC arrives within 24 hours of signing, a bank wire in 1–5 business days. The transfer is filed with the Delaware court.
Sell now, or wait for Terra distributions?
Selling turns an uncertain, years-long recovery into cash today. Waiting keeps the upside and the risk.
After the sale, the buyer receives your future distributions and carries the wait and the bankruptcy risk.
Which Terra claims can be sold?
If your Crypto Loss Claim shows as Allowed on the Kroll register, you can sell it today.
Eligible losses
- UST, now USTC
- LUNA, now LUNC
- Staked LUNA and aUST from Anchor
- Other Terra holdings recognised as Crypto Loss Claims
Claim status
- Allowed: can be sold now
- Awaiting Initial Determination: leave your email on TerraClaim to hear when it clears
- Expunged: cannot be sold
What you need
- Your Allowed CLC amount from claims.terra.money
- Your claim PDF and the Kroll determination email
- ID and proof of address
- A USDC wallet or a bank account
What has happened in the Terra bankruptcy so far?
From the collapse to today, the dates that matter for your claim.
May 2022
UST loses its peg and LUNA collapses to near zero.
Jan 2024
Terraform Labs files for Chapter 11 in Delaware (Case No. 24-10070).
Jun 2024
$4.47B SEC judgment; the SEC agrees to let creditors be paid first.
Sep 2024
Liquidation plan confirmed; Wind Down Trust set up and Plan Administrator appointed.
Mar 2025
Crypto Loss Claims portal opens at claims.terra.money, run by Kroll.
May 2025
Filing deadline passes with about 16,000 claims filed.
Aug 2025
First Initial Determinations go out; claims are reviewed in rolling cycles.
Oct 2025
Three Arrows Capital’s $1.3B claim is classified as a Crypto Loss Claim, sharing the same pool.
Dec 2025
Do Kwon is sentenced to 15 years. The Plan Administrator sues Jump Trading for $4B.
Feb 2026
The Plan Administrator sues Jane Street over a UST swap.
Today
First distribution still pending. Allowed claims can be sold now.
Is selling a Terra claim safe?
Checked against Kroll
Every claim is matched to the official Kroll register by claim number and confirmed on a screen share.
Verified identity
Every seller completes identity verification, and payout addresses are screened before payment.
Standard agreement
A Transfer of Claim Agreement drafted by bankruptcy counsel, signed via DocuSign.
Filed with the court
The transfer is filed with the Delaware Bankruptcy Court under Rule 3001(e).
Free for sellers
No fees, no commission, no deduction from the agreed amount. Paid in USDC or by bank wire.
What do sellers say about iClaim?
Rated 5.0 out of 5 on Trustpilot from 11 reviews, as of October 2026. Quotes are unedited.
All reviews on TrustpilotSold my Terraform Labs claim
“Whole process took maybe 10 minutes. Verification call was smooth and payment landed within 2 days. I’ve been through FTX claims with other providers. This is on another level. Best experience I’ve had with a claim service so far.”
FedeDERead on Trustpilot Finally closing the Terra chapter for good
“I sold my Terra claim through TerraClaim, and honestly, the whole experience was better than I expected. The process speed was really good, and the responsiveness too: every question I had got answered fast, no waiting for days like with other services. Matthieu and Finn really helped me a lot through every step. After everything that happened with Terra, I can finally close this chapter for good.”
JamesPHRead on Trustpilot - Verified sale
“I urgently needed liquidity but was concerned about scams. TerraClaim handled everything professionally, and I received my payment in just 3 hours.”
Verified saleCourt docket entry 1312 Getting my money from the LUNA crash
“After the LUNA crash and death spiral, iClaim was the best way for me to sell my claim. The process was easy, secure, and fast. I received my payment within just a couple of days. The customer support was top-notch throughout the process.”
Mat CFRRead on Trustpilot Excellent experience from start to finish
“The entire process was handled incredibly quickly and smoothly. Communication was clear, the team was professional, and the payment was completed without any issues. I was especially impressed by how efficient and well-coordinated everything was.”
JayKRRead on Trustpilot Outstanding experience selling my Terra claim
“The team was professional, responsive, and transparent every step of the way. They handled all the paperwork and complexities with impressive efficiency, and I received my funds quickly without any hidden fees or surprises. After the stress of the Terra situation, it was such a relief to work with a service that actually delivered on its promises.”
AloïsFRRead on Trustpilot
More questions about Terra claims
Still unsure? Ask the TerraClaim desk in the chat on terra-claim.com, or write to us. hey@iclaim.xyz
If your Crypto Loss Claim shows as Allowed on the Kroll register, you can sell it on TerraClaim (terra-claim.com), the marketplace built only for Terraform Labs claims: enter your Allowed amount, see a firm offer in about a minute, and receive USDC within 24 hours of signing, with no seller fees. As of 15 October 2026, 18 Terra claims had been sold through TerraClaim, each transfer filed with the court. General claims marketplaces list many bankruptcy cases and suit you if you hold claims in several estates. If your claim is still awaiting its Initial Determination, you can’t sell it yet. As of October 2026, no distribution date has been announced.
Yes, if you filed a Crypto Loss Claim in the Terraform Labs Chapter 11 case and it shows as Allowed on the Kroll register. Enter your Allowed amount on TerraClaim to see a firm offer, and you can be paid within 24 hours of signing.
Each claim is priced on its own facts by institutional buyers, based on your Allowed amount and the expected recovery and timing of the case. Enter your Allowed amount on TerraClaim to see a firm offer; it takes about a minute and there’s no obligation to accept.
No date for the first distribution has been announced. Payouts will be pro rata, in USD, in the SEC settlement fund, the creditor pool and any lawsuit recoveries, so the amount and timing are uncertain. Selling gets you paid now instead.
It’s the claim type for people who lost money in UST, LUNA and related Terra holdings. CLCs were filed through Kroll at claims.terra.money and are reviewed by the Plan Administrator, who issues an Initial Determination for each claim.
Log in to the claims portal, tick your claim and click Download Claim Image. You’ll need that PDF during onboarding, after you accept your offer.
Only Allowed claims can be sold. If yours is still awaiting its Initial Determination, leave your email on TerraClaim and you’ll be told as soon as it clears.
The claim is checked against the Kroll register, every seller completes identity verification, and the sale uses a Transfer of Claim Agreement drafted by bankruptcy counsel. The transfer is then filed with the Delaware Bankruptcy Court, where it is public on the docket.
No. Selling is free for sellers, and the accepted offer is paid in full.
It’s a true sale: the institutional buyer pays you directly, becomes the holder of the claim and receives any future distributions. You keep the cash, and the buyer carries the wait and the risk.
Selling is final. If the estate later pays more than your sale price, for example after a large lawsuit recovery, the buyer keeps the difference. If you can wait and expect a high recovery, holding may pay more.
Not directly. The criminal case doesn’t pay creditors; recoveries come through the Chapter 11 estate, the SEC settlement fund and the Plan Administrator’s lawsuits.
No. The official process is the Kroll claims portal run for the Plan Administrator. TerraClaim is an independent marketplace for selling claims you have already filed, and is not affiliated with the court, Kroll, Terraform Labs or the Plan Administrator. It doesn’t buy claims itself: it runs the sale for the seller, and institutional buyers fund each purchase.
See what your Terra claim is worth.
See what your Terra claim is worth.Enter your Allowed amount and see a firm offer in about a minute. No fees, no obligation.
Sources
- Kroll Restructuring Administration: Terraform Labs case page (claims register, Schedule I, FAQ)
- U.S. SEC: SEC v. Terraform Labs and Do Hyeong Kwon, distributions to harmed investors
- The Korea Times: Terraform Labs approved for bankruptcy wind-down after US SEC settlement (Sep 2024)
- The Block: Terraform Labs liquidator sues Jump Trading for $4 billion in damages (Dec 2025)
- The Block: Terraform Labs sues Jane Street over alleged insider trading before the collapse (Feb 2026)
- TerraClaim: public log of completed Terra claim transfers, with docket numbers
Figures are summarised from public reporting and may be revised.
Last reviewed
TerraClaim and iClaim are not affiliated with the U.S. Bankruptcy Court, Kroll, Terraform Labs, the Plan Administrator or the U.S. Trustee. Case facts are summarised from public filings and may change; check the docket for the latest. Nothing on this page is legal, tax or investment advice.