Upbit has designated STORJ as a trade warning asset

July 28th, South Korea's largest cryptocurrency exchange Upbit has designated STORJ as a trade warning project and has suspended deposits for this token.

According to HTX market data, after STORJ announced bankruptcy, the coin price experienced a continuous decline. Its parent company, Storj Labs, announced that it has voluntarily filed for Chapter 11 bankruptcy protection in the United States to address historical debts and continue its operations.