Storj Labs Seeks Bankruptcy Protection Amid Financial Restructuring

Storj Labs, a Binance-listed altcoin provider of decentralized cloud storage and computing services, has filed for Chapter 11 protection in the U.S. to restructure its outstanding financial liabilities.

The company announced that it filed for voluntary restructuring with the U.S. Bankruptcy Court for the Northern District of West Virginia on July 26, 2026. The process will be conducted under file number 5:26-bk-00512.

According to the summary information regarding the court application, Storj Labs' assets and liabilities are estimated to be between $1 million and $10 million. The company has between 1 and 49 creditors.