Elizabeth Holmes denied request to avoid prison while appealing conviction.

1 min read
Source: NPR
Elizabeth Holmes denied request to avoid prison while appealing conviction.
Photo: NPR
TL;DR Summary

Elizabeth Holmes, former CEO of Theranos, has lost her latest bid to avoid prison while she tries to overturn her conviction in a blood-testing hoax. She has been ordered to pay $452 million in restitution to the victims of her crimes. Holmes is being held jointly liable for that amount with her former lover and top Theranos lieutenant, Ramesh "Sunny" Balwani, who is already in prison after being convicted on a broader range of felonies in a separate trial.

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