According to Foresight News, Terra issued an important community notice stating that the preliminary deadline for submitting cryptocurrency loss claims in the Chapter 11 bankruptcy case of Terraform Labs Pte Ltd (TFL) and Terraform Labs Limited (TLL) is 5:00 am on August 22, 2024, Beijing time.

Users with claims filed before January 21, 2024 for TFL, and before July 1, 2024 for TLL, have until August 22 to submit.

Terra said that for the avoidance of doubt, the preliminary cryptocurrency loss claim deadline is for Chapter 11 Plan voting purposes only and does not apply to allowances or distributions, which will be addressed in the Chapter 11 Plan.