BUSINESSJul 27 · 11:31 UTCTHE BLOCKNaga Avan-Nomayo

STORJ token falls 20% as decentralized storage firm files for Chapter 11 bankruptcy amid crypto shutdown wave

STORJ token dropped 19% to $0.06 following Storj Labs' voluntary Chapter 11 bankruptcy filing on July 26 to address legacy liabilities. The decentralized storage firm's filing occurs amid a broader crypto industry downturn.

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