sold his$ 125 million stake in Theranos for$ 1 in 2017, stood by the Journal’s editors and Carreyrou

Prosecutors allege she duped investors and patients into believing her invention was a technological breakthrough.... Holmes spent most of her time on the witness stand Monday describing clinical studies and other records extolling the effectiveness of a small blood-testing device made by Theranos, a startup she founded in 2003 after dropping out of Stanford University at 19.... Those documents assert that Balwani, who faces a criminal trial next year, manipulated Holmes through “ intimate par

Holmes and her second-in-command, Ramesh “ Sunny ” Balwani, were indicted on 12 counts of fraud in 2020; one count was later dropped.... Balwani’s trial is scheduled for this year. The jury acquitted Holmes on several counts related to accusations Theranos defrauded patients who relied on the company to deliver accurate blood test results, and deadlocked on three others related to transfers of funds from investors.... Bet your money that the answer is “ no.” Advertisement High-tech investing i

？ Close Related video: The Inventor: Out for Blood in Silicon Valley-trailer The trial begins today of Elizabeth Holmes on multiple charges of conspiracy and fraud for her lead role in the Theranos scandal.As the founder and former chief executive officer of the disgraced blood-testing start-up that wowed the tech investment world before collapsing in a storm over the efficacy of the technology supposedly at its core, Ms Holmes faces up to 20 years in prison if convicted. Theranos was at one poi