Documents you need to sell a Terra claim

The CLC form is the claim image from the claims portal. Log in at claims.terra.money with the email you filed with, tick your claim and click Download Claim Image. When you upload it, TerraClaim reads the holder and the Allowed amount from it. Our CLC form guide shows where the button is.

Problems to avoid: uploading a phone photo or a cropped screenshot instead of the downloaded file, and logging in with a different email address from the one on the claim. Upload the file exactly as the portal gives it.

Kroll sends a Notification of Initial Determination when your claim is decided. During onboarding you forward that email, unchanged. Its digital signature (DKIM) is checked, which proves the claim number came from Kroll itself and not from an edited copy.

Problems to avoid: sending a screenshot instead of forwarding the email, which removes the signature, or missing an email that went to spam. Search your inbox and spam folder for mail from ra.kroll.com. Our guide to the Kroll Terraform email shows what the real one looks like.

Identity verification is done by Sumsub and takes about five minutes. You need a valid government ID and a proof of address. The KYC guide explains what works.

Problems to avoid: blurry photos, an expired document, and an address that does not match the one you entered. This check is for the sale only. The estate runs its own KYC on every claimant before any distribution, whether or not you sell.

Choose how the buyer pays you. USDC is the default and arrives within 24 hours of signing, often faster. You can receive it on an exchange account, such as Binance, Coinbase, Kraken, OKX, Upbit or Bithumb, or in a wallet of your own. A bank wire is sent within 24 hours of signing; arrival depends on your bank.

Problems to avoid: a deposit address on the wrong network, or a typo in a long address. Copy the address from your exchange or wallet, check the network, and compare the first and last characters. Payout addresses are screened before payment. More in USDC or wire.

The Transfer of Claim Agreement is the contract of sale. It was drafted by bankruptcy counsel. You sign it on DocuSign, and the buyer countersigns, usually within 24 hours. Every term of your sale is written in the Transfer of Claim Agreement you sign. Read it before you sign and keep a copy.

After the sale, TerraClaim files a notice of the transfer for the buyer with the Delaware Bankruptcy Court under Rule 3001(e). You do not prepare it, and you can find it on the public docket. How a claim transfer works explains the notice.

Keep a set for yourself: your CLC form, the signed agreement, the payment record (the USDC transaction or the wire confirmation) and your original purchase records for the tokens. You may need them for tax, so ask a tax adviser.

What you never need: your claims portal password or your seed phrase. On the verification call, you log in on your own device and share your screen.