Theranos Founder Elizabeth Holmes Found Guilty On Four Of 11 Counts, Faces Decades In Prison

theranos founded by Elizabeth Holmes He was indicted today on four of 11 charges related to his company’s failed blood-testing technology.

A San Jose jury deliberated for nearly 50 hours over seven days before indicting the disgraced former CEO on three counts of fraud and one conspiracy. Holmes was acquitted of four other charges, and jurors were unable to reach a verdict in three other fraud counts.

Holmes, 37, who pleaded not guilty to all 11 charges and testified in court, faces a maximum prison sentence of 80 years – two decades on each sentence – but has to serve simultaneously. is likely to. No sentencing date was set, but a hearing is expected next week.

Holmes left Stanford University at the age of 19 and discovered the now-defunct Theranos, claiming that its groundbreaking technology could diagnose many diseases, including cancer, with just a few drops of human blood. By 2015, Silicon Valley had turned the young CEO into a short-lived billionaire as did a bunch of venture capitalists. But I have an exposure wall street journal That year began its rapid decline.

He was charged in 2018 and his trial began on August 31.

Holmes is the subject bad blood, an upcoming Apple movie Starring Jennifer Lawrence as CEO and Written by Adam McKay (don’t look up, big little) This project was originally set in Legendary in 2016, not long after WSJ The report has been published.

She the subject was Of Inventor: Out for Blood in Silicon Valley, A 2019 documentary by Oscar winner Alex Gibney. “People are attracted to deceit,” Filmmaker told deadline So in an interview.