Elizabeth Holmes Has Been Found Guilty of Wire Fraud and Conspiracy

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Elizabeth Holmes Has Been Found Guilty of Wire Fraud and Conspiracy
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Holmes was found guilty on four out of 11 counts.

, all of which chronicled Holmes’s quick rise and precipitous fall as CEO of Theranos.

Theranos, which a 19-year-old Holmes founded in 2003 after dropping out of Stanford, promised to revolutionize the healthcare industry by using very small amounts of blood to test for hundreds of medical conditions.by Carreyrou pointed out that the company—which was valued at $9 billion at the time—wasn’t actually operating as advertised, and soon after, both Theranos and Holmes’s reputation were in shambles.

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