
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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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.
Verified reviews
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.
Smoothest process I've had in this type of deal
I've had to deal with several edge cases in my case (due to my relatively special circumstance), and the team helped me resolve all of them at the expense of their own time - really appreciated!
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.
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.
Sold 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.
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.
Easy transaction and fast payment
Easy transaction and fast payment. Transparent terms.
Everything in one place
The platform is very smooth, all is integrated together so you don't run around for documents or signatures. Process was fast, faster than I expected. Everything worked like it should and no bad surprise.
Trust me
Trust me it 💯over💯
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.