Storj Files for Chapter 11 Bankruptcy; STORJ Token Down ~60% Since October Acquisition

STORJ2.26%
According to an official announcement on Sunday, July 26, 2026, Storj Labs filed for Chapter 11 bankruptcy protection in West Virginia federal court (case number 5:26-bk-00512). The company stated the network continues operating normally and legacy liabilities from an earlier business phase prompted the restructuring. Token holders may receive equity in the reorganized company if approved by the court, though creditors receive priority in the payment order. STORJ currently trades near $0.0745, down approximately 60% from $0.1872 when parent company Inveniam Capital Partners announced its acquisition on October 22, 2025.
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