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

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

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

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Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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