Elizabeth Holmes has at least one more chance to stay out of jail after a judge on Friday sentenced the aspiring biotech entrepreneur to 11 years and three months behind bars for defrauding a group of investors in her testing startup blood vessels collapsed, Theranos. Holmes’s freedom hinges on an expected appeal of his case, …
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It may be a little too soon to lump Sam Bankman-Fried into the same boat as infamous fraudster Bernie Madoff — or maybe not. The full post-mortem of his epic meltdown from crypto prodigy and billionaire to broke crypto villain extraordinaire won’t be ready for some time. Prosecutors for the US Attorney for the Southern …
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Jury finds Elizabeth Holmes guilty of fraud Sign up for our free USA newsletter delivered straight to your inbox every weekday morning Sign up for our free US morning email newsletter Theranos founder Elizabeth Homes has been sentenced to more than 11 years in prison for defrauding the blood testing startup’s investors. Holmes, who plans …
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A federal judge on Friday sentenced disgraced Theranos CEO Elizabeth Holmes to more than 11 years in prison for misleading investors in the failed startup that promised to revolutionize blood testing but turned it into a symbol of culture. audacious self-promotion of Silicon Valley. The sentence imposed by U.S. District Judge Edward Davila was shorter …
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