Victims of 23andMe data breach to get $47m payout, judge rules

Victims of a 2023 data hack at genetics testing company 23andMe are set to receive a multi-million payout from the firm. A California bankruptcy court judge ruled on Tuesday that Chrome Holding, which last year took control of 23andMe after its bankruptcy, should pay out $46.75m (£35m) in compensation. 23andMe compiles genetic profiles of people through DNA testing kits, but it was heavily criticised after as many as 6.9 million people had their data breached in the 2023 hack. Representatives of Chrome Holding and 23andMe have been contacted for comment. Chrome Holding last year sold 23andMe's assets to TTAM Research Institute, an entity operated by 23andMe's co-founder, Anne Wojcicki. She won the company's assets through a bankruptcy auction with a bid of $305m. The ruling said the settlement will be first paid to Kroll Restructuring, which is representing the victims, within five business days from Tuesday. Kroll will then distribute the funds to the victims, the ruling said. The appointment of companies like Kroll is typical in corporate bankruptcy proceedings. The BBC has contacted the legal team representing the victims to ask how many people will receive the payout. 23andMe e