23andMe is for sale -- and so are 15 million people's gene...
23andMe is for sale -- and so are 15 million people's genetic records
Mashable SEA | 2025-03-24 19:27
After a brutal data breach and a wave of lawsuits, 23andMe filed for Chapter 11 bankruptcy -- and now, the consumer genetics company is looking for a buyer. On the table are the business, the brand, and the DNA profiles of more than 15 million users. The bankruptcy filing, submitted on Sunday, March 23, caps off months of turmoil following a major hack in October 2023. That breach exposed the personal and health-related genetic data of at least 7 million customers. The fallout was swift and far-reaching, resulting in more than "50 class action and state court lawsuits" alleging that 23andMe failed to adequately protect its users' most sensitive data. Now, in an attempt to streamline its legal mess, the company has entered Chapter 11 -- a move that also opens the door for a potential sale. According to court filings, 23andMe is in debt to a mix of pharmaceutical firms, health insurers, ...
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