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The trial begins today of Elizabeth Holmes on several charges of conspiracy and fraud for her lead role in the Theranos scandal.
As the founder and former CEO of the disgraced blood testing startup that wowed the world of tech investing before collapsing in a storm over the effectiveness of the technology allegedly at its core, Ms.Holmes faces up to 20 years in prison if convicted.
Theranos was at one point valued at around $ 9 billion but is now synonymous with malpractice, with Ms Holmes accused of lying to patients about the tests and investors of the expected income.
The trial will begin in federal court in San Jose, California, after a series of delays due to the coronavirus pandemic and the accused’s surprise pregnancy.
Scheduled to last around three months, the final chapter in Ms Holmes’ spectacular rise and fall is expected to see defense attorneys get creative in the face of a strong prosecution case. It is the most anticipated trial of the year.
Welcome to The Independent’s liveblog on the trial of Theranos founder Elizabeth Holmes
Gustav KilanderAugust 31, 2021 2:51 PM
The Independent Gt