The Cambridge Analytica leak allegedly exposed 87 million people's data.

The British-based consulting firm linked to a Facebook privacy scandal is declaring bankruptcy.

The firm is ceasing operation amid ongoing Facebook data controversy.

Cambridge Analytica said it has commenced insolvency proceedings in the U.S.

The firm is ceasing operation amid ongoing Facebook data controversy.

Christopher Wylie left the firm in 2014.

They join other countries who have said they're investigating the tech giant.

Bannon was speaking to a group of media and tech executives.

The goal, the company said, is to make its privacy tools easier to find and understand.

Christopher Wylie appeared before British parliament to discuss his role as a former employee of the data firm Cambridge Analytica.

The U.K.-based firm and its top executives are now also under fire for alleged violations of U.S. election laws.

The suspension was effective immediately and was "pending a full, independent investigation."

The ex-employee told ABC News the firm used the data in the 2016 election.

Embattled data firm Cambridge Analytica was paid by multiple GOP political organizations, including Super PAC headed by incoming national security adviser John Bolton.