Storj files Chapter 11 and dangles equity at token holdersStorj Labs (@storj) filed a voluntary Chapter 11 petition on July 26 in the Northern District of West Virginia, case 5:26-bk-00512, listing assets and liabilities each between $1M and $10M and fewer than 50 creditors.$STORJ sits at $0.06165, down 17.34% on the day at a $26.2M market cap, while 24h volume jumped 855% to $25.65 million. That is 98% of the market cap changing hands in a single session.Storj blames legacy obligations from earlier operati ...

LATEST: 📊 STORJ fell 18% to ~$0.06 after Storj Labs filed for Chapter 11 bankruptcy to address legacy liabilities, the latest in a string of July shutdowns. https://t.co/ii2JPfgkDw ...

INSIGHT: Storj files for Chapter 11 bankruptcy to resolve legacy debts, causing its native token $STORJ to fall by 17.7%. https://t.co/FSYHegBCqV ...