EconPulse Markets. Economy. Malaysia & The World. Tue, 28 Jul 2026
Crypto

Cloud data firm Storj files for Chapter 11, extending a week of crypto failures. Token slides 16%

Cloud data firm Storj files for Chapter 11, extending a week of crypto failures. Token slides 16%
Image: CoinDesk

Summary

The decentralized data storage company says operations continue and proposes that token holders take equity in the restructured business — an unusual arrangement in bankruptcy.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →