Storj Labs Files for Chapter 11 Bankruptcy Protection

Storj Labs, the decentralized cloud storage company, has filed for voluntary Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Northern District of West Virginia on July 27, 2026. The company stated that the filing is aimed at resolving legacy liabilities from an earlier phase of its business that were too large to overcome through ordinary growth, while its current operations and STORJ token will remain functional.