Bankrupt scandal: Can you guess the controversial org. in this crossword clue?

As a detective solving the crossword clue ‘Controversial org. that filed for bankruptcy in 2021‘, I would first try to recall recent news stories which might involve controversial organizations filing for bankruptcy. The use of the word “controversial” would likely narrow down the list of possibilities to those organizations that have been at the center of significant public scrutiny and debate. A quick internet search could confirm that the National Rifle Association (NRA) fits the bill- it has faced a great deal of controversy in recent years over its advocacy for gun rights and alleged financial improprieties. This controversy culminated in the organization filing for bankruptcy in January 2021, adding further fuel to the debate around gun control in the USA. Thus, the answer to the crossword clue is most likely the NRA.