How Theranos founder Elizabeth Holmes was sentenced to 11 years in prison

Greater than seven years after the primary Wall Road Journal story about issues with Theranos’ blood assessments, its founder, Elizabeth Holmes, to over a decade in jail for defrauding the corporate’s buyers. She had been discovered responsible on 4 counts of fraud throughout a months-long trial the place her legal professionals argued that she was an inexperienced entrepreneur who hadn’t meant to mislead anybody.

Holmes’ story is, by now, well-known. She based Theranos as a school dropout, elevating a whole lot of tens of millions of {dollars} from high-profile buyers and courting former high-ranking authorities officers for her board. Since then, the speedy rise and downfall of Holmes and Theranos has taken on a lifetime of its personal, with main podcasts, books and a current Hulu miniseries.

However Holmes herself has been nearly fully silent. Her trial, the place she testified in her personal protection, and her sentencing are the one occasions she has spoken publicly about what went mistaken at Theranos and the way she feels all these years later. Watch the video above for the complete story.

All merchandise advisable by Engadget are chosen by our editorial staff, impartial of our mum or dad firm. A few of our tales embrace affiliate hyperlinks. When you purchase one thing by one in all these hyperlinks, we could earn an affiliate fee. All costs are appropriate on the time of publishing.

Related Articles

Back to top button