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


Greater than seven years after the primary Wall Road Journal story about issues with Theranos’ blood exams, its founder, Elizabeth Holmes, to over a decade in jail for defrauding the corporate’s traders. She had been discovered responsible on 4 counts of fraud throughout a months-long trial the place her attorneys 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 traders and courting former high-ranking authorities officers for her board. Since then, the fast rise and downfall of Holmes and Theranos has taken on a lifetime of its personal, with main podcasts, books and a latest Hulu miniseries.

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

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