Storj files for bankruptcy, explores equity path for tokenholders
Decentralized cloud storage provider Storj Labs has filed for Chapter 11 bankruptcy. The company states its network and token utility remain operational, aiming to restructure legacy debts while exploring a novel path for STORJ tokenholders to potentially gain equity in the reorganized company. Details on eligibility and allocation are pending court approval. This filing occurs alongside other crypto firms seeking bankruptcy protection or winding down operations in July.
cointelegraph15小时前
