Coinbase is ending trading in Badger DAO and Storj on September 28, 2026, and both order books have run in limit-only mode since the announcement on August 28. Withdrawals remain possible; selling at Coinbase does not.
Storj Labs said that it voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Northern District of West Virginia. The company described the filing as a way to address legacy obligations while preserving normal operations across its decentralized storage network and avoiding anticipated service interruptions for customers.
STORJ dropped 19% to $0.06 after Storj Labs filed voluntary Chapter 11 on July 26 to resolve legacy liabilities.
On July 26, 2026, Storj Labs initiated Chapter 11 bankruptcy proceedings in the US Bankruptcy Court for the Northern District of West Virginia. The filing appears under case number 5:26-bk-00512.
Storj Labs files for Chapter 11 after raising about $35 million while keeping cloud services active and proposing tokenholder equity access.
Storj's bankruptcy raises uncertainty for token holders, potentially impacting token value, exchange listings, and network stability. Storj's Chapter 11 filing raises concerns for STORJ token holders.
Storj filed for bankruptcy protection on Sunday. The company says its network still works and STORJ tokens still work.