Today news
About the same in other media
Elizabeth Holmes trial: Former Theranos CEO convicted of fraud and conspiracy
Reading now: 667
In a case that exposed Silicon Valley’s culture of hubris and hype, Elizabeth Holmes was convicted Monday of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood.
A jury convicted Holmes, who was CEO throughout the company's turbulent 15-year history, on two counts of wire fraud and two counts of conspiracy to commit fraud after seven days of deliberation.
The 37-year-old was acquitted on four other counts of fraud and conspiracy that alleged she deceived patients who paid for Theranos blood tests.
The verdict came after the eight men and four women on the jury spent three months sitting through a complex trial that
Read more on euronews.comAbout this in other media
Andreessen Horowitz Eyes USD 4.5B For New Crypto Funds cryptonews.com /2 years ago
Abandoned TON Crypto Project Could Be Coming to Telegram After All, in a Different Form cryptonews.com /2 years ago
Former pro-crypto CoC Brian Brooks to testify in a House hearing on the energy impacts of mining cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
