Elizabeth Holmes begins 11-year prison sentence amidst inmate anticipation.

1 min read
Source: The Independent
Elizabeth Holmes begins 11-year prison sentence amidst inmate anticipation.
Photo: The Independent
TL;DR Summary

Elizabeth Holmes, the founder of Theranos, is set to begin her 11-year prison sentence for fraud related to her blood-testing start-up. She had requested to remain free through the Memorial Day weekend, but a federal appeals court rejected her bid. Holmes is expected to be incarcerated in Bryan, Texas. She has also been ordered to pay $125m back to Rupert Murdoch, who invested in her failed start-up. Questions still remain about her true intentions, and her defenders continue to ask whether the punishment fits the crime.

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