23andMe Bankruptcy: 15% of Users Delete Data Amidst Regeneron Acquisition

Following its bankruptcy filing, 23andMe revealed that 1.9 million users (about 15% of its customer base) have requested deletion of their genetic data. This surge in data deletion requests stems from concerns over data security following the company's bankruptcy auction, where pharmaceutical giant Regeneron acquired 23andMe for $256 million. While Regeneron pledged to uphold privacy practices, over two dozen states have sued, arguing that 23andMe cannot sell customer data without explicit consent. This comes after a months-long data breach affecting 6.9 million users last year. The court is expected to finalize the sale in late June.