Elizabeth Holmes denied request to avoid prison while appealing conviction.

Elizabeth Holmes, founder of failed blood-testing startup Theranos, has been denied bail and must begin serving her 11-year prison sentence while she appeals her conviction for defrauding investors. She has also been ordered to pay $452m in restitution to victims of her crimes, jointly with her former lover and top Theranos lieutenant, Ramesh “Sunny” Balwani. The restitution includes $125m to media mogul Rupert Murdoch, $40m to Walgreens, and $14.5m to Safeway. Holmes and Balwani have both indicated they are nearly broke after running up millions of dollars in legal bills while proclaiming their innocence.