23andMe faces an uncertain future, so does your genetic data
undefined 25, 2025
23andMe faces turmoil as bankruptcy looms after a 2023 data breach and financial decline. Once valued at $6B, the company’s worth has plummeted by over 99%. Following a major hack that exposed 7M users’ ancestry data, 23andMe settled a lawsuit for $30M. CEO Anne Wojcicki resigned after failed takeover talks, and the company’s assets—including vast DNA databases—will be sold. Privacy concerns grow, as 23andMe is not covered by HIPAA and can alter its data policies. Experts urge users to delete their accounts to protect their genetic data before the sale.
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