Cambridge Analytica files for insolvency amid growing public concern over online privacy

Cambridge Analytica has filed insolvency proceedings just weeks after it was embroiled at the center of a political scandal involving Facebook's data protection policies, the 2016 US general election of President Trump and the ethics of online advertising. 
A statement on the company website has confirmed it has ceased all operations effective immediately, and that it will appoint insolvency practitioners Crowe Clark Whitehill to act as the independent administrator.
Add