LUNAUSD
LUNA / United States dollar
crypto Composite

Ai search says this, hope helps
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## 📅 Key Milestones and Timeline Updates
*
* May 16, 2025 (Hard Bar Date): The final, extended deadline to submit official crypto loss claims via the [Kroll Restructuring Portal](https://restructuring.ra.kroll.com/Terraform/) passed. “The deadline for submitting Crypto Loss Claims was May 16, 2025, at 11:59 p.m. (Eastern Time).” [5, 7]
* January 2026 (Repayment Process Initialized): Kroll officially initiated the recovery and distribution phase guidelines, sending out formal notifications to creditors regarding claim tracking. [4]
* Mid-2026 (Active Claim Reconciliation): As of recent quarterly filings, the estate is actively sorting through roughly 16,640 crypto loss claims. The Delaware Bankruptcy Court held pivotal hearings to address contested or late-filed claims. [1, 8, 9]
* December 31, 2026 (New Liquidation Target): The U.S. Bankruptcy Court granted an administrative extension allowing the trust to remain operational until the end of 2026 to complete asset liquidation and finalize distributions. [2, 3]
*
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## 💰 Expected Payout Details
| Metric | Details & Projections |
|---|---|
| Total Estimated Pool | $184.5 million to $442.2 million is expected to be distributed to creditors. |
| Distribution Method | Payments will be distributed strictly on a pro-rata (proportional) basis relative to your verified losses. |
| Eligible Assets | Claims only cover specific assets tied to the 2022 collapse (like UST/LUNC). Excluded: Assets under $100 in on-chain liquidity and any Terra 2.0 (LUNA) tokens. |
| Current Payout Status | No distributions have been finalized as of mid-2026 due to pending asset recoveries and active litigation. |
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## ⚠️ Major Roadblocks Delaying Your Payout
1. Reconciliation Speed: Claims submitted with "Manual Evidence" (such as transaction screenshots or CSV logs) require individual, manual assessments by Kroll, significantly slowing down final approvals. [10]
2. Asset Recovery Hurdles: Much of the payout pool relies on liquidating assets pledged by co-founder Do Kwon, including Pyth tokens and Luna Foundation Guard crypto assets, which face ongoing legal friction. [11]
3. Pending Lawsuits: The trust is aggressively pursuing a $4 billion lawsuit against Jump Trading. The outcome of this and other estate recoveries directly dictates the final size of the payout pool available to retail investors. [1, 11]
------------------------------

Ai search says this, hope helps
------------------------------
## 📅 Key Milestones and Timeline Updates
*
* May 16, 2025 (Hard Bar Date): The final, extended deadline to submit official crypto loss claims via the [Kroll Restructuring Portal](https://restructuring.ra.kroll.com/Terraform/) passed. “The deadline for submitting Crypto Loss Claims was May 16, 2025, at 11:59 p.m. (Eastern Time).” [5, 7]
* January 2026 (Repayment Process Initialized): Kroll officially initiated the recovery and distribution phase guidelines, sending out formal notifications to creditors regarding claim tracking. [4]
* Mid-2026 (Active Claim Reconciliation): As of recent quarterly filings, the estate is actively sorting through roughly 16,640 crypto loss claims. The Delaware Bankruptcy Court held pivotal hearings to address contested or late-filed claims. [1, 8, 9]
* December 31, 2026 (New Liquidation Target): The U.S. Bankruptcy Court granted an administrative extension allowing the trust to remain operational until the end of 2026 to complete asset liquidation and finalize distributions. [2, 3]
*
------------------------------
## 💰 Expected Payout Details
| Metric | Details & Projections |
|---|---|
| Total Estimated Pool | $184.5 million to $442.2 million is expected to be distributed to creditors. |
| Distribution Method | Payments will be distributed strictly on a pro-rata (proportional) basis relative to your verified losses. |
| Eligible Assets | Claims only cover specific assets tied to the 2022 collapse (like UST/LUNC). Excluded: Assets under $100 in on-chain liquidity and any Terra 2.0 (LUNA) tokens. |
| Current Payout Status | No distributions have been finalized as of mid-2026 due to pending asset recoveries and active litigation. |
------------------------------
## ⚠️ Major Roadblocks Delaying Your Payout
1. Reconciliation Speed: Claims submitted with "Manual Evidence" (such as transaction screenshots or CSV logs) require individual, manual assessments by Kroll, significantly slowing down final approvals. [10]
2. Asset Recovery Hurdles: Much of the payout pool relies on liquidating assets pledged by co-founder Do Kwon, including Pyth tokens and Luna Foundation Guard crypto assets, which face ongoing legal friction. [11]
3. Pending Lawsuits: The trust is aggressively pursuing a $4 billion lawsuit against Jump Trading. The outcome of this and other estate recoveries directly dictates the final size of the payout pool available to retail investors. [1, 11]
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