Elizabeth Holmes sentenced to 11 years in prison for Theranos fraud
Holmes was convicted on charges related to defrauding investors who poured hundreds of millions of dollars into her blood-testing company, believing it would revolutionize health care.
@pmwatson companies rip people off everyday. Crypto is literally ripping people off. Shes going to jail because rich people lost money. I think this is an unjust result.
@pmwatson Thx. I did see something later about that, and the restitution may be hovering around $800 M I think? 😮 Honestly, I'm OK with how it turned out, some ppl wanted more, some less, but this is in the ballpark of what I was thinking should happen. Well, except for that weird fine.