The firm at the centre of Facebook’s data leak scandal, Cambridge Analytica, filed for voluntary Chapter 7 bankruptcy in a New York on Thursday.
The British parent company of Cambridge Analytica, SCL Elections, announced it would shut down on May 3.
The consulting firm mined and exploited the personal data of 87 million Facebook users to help the 2016 Donald Trump presidential campaign, as well as the UK’s Leave campaign. As soon as the closing down was announced, the Chair of the UK’s House o...

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