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Chapter 11 stories

Jul 27, 2026

Storj Labs Files Chapter 11 Bankruptcy, Plans to Offer Token Holders Equity in Restructured Company

Voluntary Chapter 11 filed July 26, 2026 (Case No. 5:26-bk-00512, Northern District of West Virginia) by decentralized cloud storage provider Storj Labs to restructure legacy liabilities; parent company Inveniam supports the process while management proposes an equity conversion framework for STORJ token holders.

Jul 27, 2026·8 sources
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Top claims

  • ▪Bitcoin mining pool Poolin filed for Chapter 11 bankruptcy on July 22, 2026, to pursue a court-supervised sale of two Texas mining sites.
  • ▪Binance placed the STORJ token under a monitoring tag in May 2026, signaling potential delisting risks.
  • ▪Storj Labs has not disclosed specific eligibility criteria, token snapshot requirements, lockup provisions, or the percentage of equity allocated for token holders.

Topics

Crypto regulationCrypto market structureTokenomicsUtility tokensDecentralized storage & file networks

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