Terraform Labs Opens Claims Portal for TerraUSD Investors

Terraform Labs Claims Portal: Terraform Labs has launched a claims portal for investors affected by the TerraUSD collapse, allowing eligible individuals to submit claims until April 30, 2025, with estimated reimbursements ranging from $184.5 million to $442.2 million.

Impact on the Crypto Market: The TerraUSD collapse has significantly impacted market confidence in algorithmic stablecoins, and ongoing legal challenges for co-founder Do Kwon may further influence industry trust and regulatory compliance efforts.