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23andMe Files Bankruptcy After Data Breach, CEO Resigns

5/14/2025

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Summary

Story summary

23andMe, the DNA testing giant, has plunged into Chapter 11 bankruptcy following a devastating data breach that exposed the personal information of nearly 7 million users. In a bid to make amends, a $30 million settlement is on the table for affected customers, with claims accepted until July 14. The turmoil has also led to the resignation of the company's CEO.

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Story summary

23andMe, the DNA testing giant, has plunged into Chapter 11 bankruptcy following a devastating data breach that exposed the personal information of nearly 7 million users. In a bid to make amends, a $30 million settlement is on the table for affected customers, with claims accepted until July 14. The turmoil has also led to the resignation of the company's CEO.