Bankrupt 23andM Selling Americans' DNA Data To Highest Bidder!

James Kaufman, World News Report today, March 27th, 2025. God bless you and yours, no matter where you are in the world. Please subscribe, give us a thumbs up, ring that bell for critical future updates. Bankrupt 23andMe, cleared to sell Americans' DNA data to highest bidder. Let's start with this week's chaotic event surrounding the bankrupt genetic testing startup, 23andMe Holdings Incorporated. Monday, 23andMe filed for bankruptcy, CEO resigned, fate of American's DNA data now in court, supervised sale, over 15 million people, folks. Tuesday, U.S. official alleges 23andMe sold American's DNA data to pharma companies already owned by foreign adversaries. Wednesday. 23andMe customers panic and try to delete their genetic data. That wasn't very smart, was it? Fast forward to Thursday. Bloomberg reports the worst fear for over 15 million 23andMe customers. U.S. bankruptcy judge Brian C. Walsh has granted the defunct genetic testing startup permission to sell its massive genetic database, potentially ending up in the hands of private equity firms that will find new ways to monetize this sensitive data, although they've probably already sold it once or twice to several foreign pharmaceutical companies, per the testimony in court. Here's more from the report. Under the sales procedures, the company sets quick deadlines for potential bidders, including a May 7th deadline when definitive offers are due and a final hearing the following month. U.S. bankruptcy judge Brian C. Walsh required the company to slow the overall pace by two weeks, in part to accommodate his vacation schedule and in part to give creditors a chance It's a chance to weigh in. Before the court makes its final decision on a buyer. Scary. Walsh's ruling didn't resolve concerns raised by the looming auction of this sensitive data or complaints from shareholders about the months 23andMe spent trying to find a buyer before filing for court protection earlier this week. The takeaway for consumers is never hand your biometric data to anyone. Especially a corporation, the government, or anyone else for that matter. Those who did are now on a list that will be sold to the highest bidder. God bless you guys. Share, subscribe, and always remember, anything's possible in Bizarro World.