{"version":"2.0","coverId":5122,"affectedChain":"1","affectedAddresses":[{"address":"0xb0BfdC336537730Ad2C44083C0F7c545AAc79A9a","proof":"0xb0BfdC336537730Ad2C44083C0F7c545AAc79A9a","isVerified":true}],"incidentDescription":"- We are submitting a claim for Cover ID #5122 and Cover ID #5131\n- On 13 August 2026 Neutrl paused all of their smart contracts and protocol because of issues affecting the protocol's reserves.\n- On 17 September 2026 Neutrl opened a redemption window for NUSD at 51% rather than 100% which indicates a depeg of more than 10% of the reference value has occurred. This depeg has laster for longer than 7 consecutive days.\n- We are submitting a total claim for $6,141,884 which is equivalent to 46.5% of $13,208,353 which equates to the 49% loss in value of the position less the 2.5% deductible\n- We are filing two claims proportional to their respective cover amounts:\n- Cover ID #5122: Cover Amount $10M and Claim Amount $4,549,543.70 USDC \n- Cover ID #5131: Cover Amount $3.5M and Claim Amount $1,592,340.30 USDC"}