
Understanding the Terra Bankruptcy Distribution Waterfall
How money flows from the Terraform estate to your pocket — the SEC Settlement Fund, the GUC Pool, litigation proceeds, and what it means for your payout.
Sell your Terra claim. Funds at closing, plus a share in the potential upside.
Find your Allowed CLC Amount at claims.terra.money
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Avg. Settlement
Simple Process
Enter your claim, verify your identity, and receive cash. You keep a share of the potential upside.
Step 01
See both offers instantly: all cash at closing, or cash plus 25% of the potential upside as a contingent payout.*
Step 02
A fast, secure verification step required for all bankruptcy claim transfers.
Step 03
A dedicated team member walks you through every step on a personal call.
Step 04
Buyer ensures compliance with bankruptcy court requirements. You receive cash.
Why TerraClaim
Purpose-built for the Terra/LUNA bankruptcy proceeding before the Delaware Bankruptcy Court. Every step is designed around the specific requirements of this case.
Every claim is cross-referenced against the official Kroll bankruptcy registry and verified through live screenshare before listing.
All buyers and sellers complete identity verification. No anonymous counterparties — every trade has a verified person on both sides.
Every transaction uses a Transfer of Claim Agreement (TOCA) with the necessary notices for the Delaware Bankruptcy Court proceeding. Executed via DocuSign with a full audit trail.
Sellers get cash upfront; on claims of $100k+ they also keep a share of the potential upside above a 10% threshold as a contingent payout. Zero seller fees.
Insights & Updates

How money flows from the Terraform estate to your pocket — the SEC Settlement Fund, the GUC Pool, litigation proceeds, and what it means for your payout.

A $1.32 billion claim from Three Arrows Capital was approved as a CLC. Its classification could determine whether individual creditors recover meaningful money.

Your Crypto Loss Amount is not what you'll receive. Five recovery scenarios — from 1.2 cents to full recovery — and why buyers offer 1 to 5 cents today.
* Contingent payment option available to holders of claims greater than $100,000.00. Contingent payment and potential upside are not guaranteed and will only be made if total distributions from the bankruptcy estate exceed 10% of the claim amount. The buyer will make payment after the final distribution, which could take years, or earlier if the buyer determines in its sole discretion.