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Terraform Labs to Reimburse Crypto Losses After Terra Collapse

  • Terraform Labs will reimburse crypto losses after the collapse of Terra.
  • A portal will open on March 31 for individuals to file a claim for losses of at least $100.
  • Terraform Labs estimates it could pay between $184.5 million and $442.2 million to eligible claimants.
  • The founder of Terraform Labs, Do Kwon, is set to face multiple criminal charges in the United States.

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