Cambridge Analytica Files For Bankruptcy

Wochit - May 18, 2018

Cambridge Analytica has filed for Chapter 7 bankruptcy in the United States.

The company is the political consultancy at the center of Facebook’s privacy scandal.

Cambridge Analytica was accused of improperly using data of 87 million Facebook users since 2014.

This information was then allegedly used for Donald Trump’s 2016 election campaign.

After these allegations the company suffered a sharp drop in business and were forced to file bankruptcy..


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Cambridge Analytica, the firm at the centre of this year's Facebook privacy row, filed for voluntary Chapter 7 bankruptcy in a New York court last night.
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Cambridge Analytica, the political consulting firm at the centre of the Facebook Inc (NASDAQ:FB) data scandal, has filed for Chapter 7 bankruptcy in the US....
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