Storj announced bankruptcy, causing the coin price to plummet for the second day, with a 15% drop in 24 hours.

BlockBeats News, July 27th, according to HTX market data, storj announced bankruptcy and the coin price has been falling continuously, down 15% in 24 hours.

BlockBeats previously reported that Storj, a decentralized cloud storage project, announced that its parent company, Storj Labs, has voluntarily filed for Chapter 11 bankruptcy in the United States to address historical debts and continue its operations.