23andMe Reports Bankruptcy Asset Sale, Suggests Global Settlement Of Privacy Suit

( May 21, 2025, 12:06 PM EDT) -- SAN FRANCISCO — Two months after a consolidated privacy suit over a breach of 23andMe Inc.’s network was stayed for bankruptcy proceedings, the financially troubled DNA testing company informed a California federal court in a March 20 joint case management statement that “substantially all” of its assets had been purchased in a three-day auction pursuant to Section 363 of the Bankruptcy Code....

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