The U.S. Federal Trade Commission is concerned about the potential sale or transfer of Americans' personal information by 23andMe ancestry testing company which recently filed for bankruptcy, the agency's chairman said on Monday.

The Federal Trade Commission warned Monday it would be closely watching the potential transfer of millions of Americans’ sensitive personal data amid genetic testing company 23andMe Holding Co.'s ongoing bankruptcy proceedings.

Since genetics testing firm 23andMe filed for Chapter 11 bankruptcy protection and said it would seek to sell its assets, consumer advocates have voiced co

In a March 31, 2025 letter, the Chair of the FTC, Andrew Ferguson, wrote to the Acting U.S. Bankruptcy Trustee and set out the FTC’s expectations

The genetic testing company has filed for bankruptcy protection and it's unclear what will happen to its massive collection of customer data.

The U.S. FTC is worried about the potential sale of Americans' personal data due to 23andMe's bankruptcy. The FTC Chairman emphasized that any buyer of 23andMe should adhere to the company's privacy policy,

As part of the federal process to address its money troubles, the beleaguered biotech firm is looking to sell off its assets. Among those assets is one of the largest privately held genomic databases

The US Federal Trade Commission (FTC) on Monday warned genetic testing firm 23andMe to honor its promise to protect people's personal information as it navigates bankruptcy.