Judge denies Elizabeth Holmes’s appeal to stay out of prison
The Washington Post, April 11, 2023: Judge denies Elizabeth Holmes’s appeal to stay out of prison
“A federal judge has denied Elizabeth Holmes’s latest attempt to stay out of prison, ruling that she must begin serving her more than 11-year sentence on April 27.
“The Theranos founder had argued she should be allowed to remain free while she appeals her fraud convictions for misleading investors in her now-defunct blood-testing start-up.
“Though U.S. District Judge Edward Davila ruled that Holmes is not a danger to the community or likely to flee, he wrote that the court was ‘unable to find that she has raised a “substantial question of law or fact” that if “determined favorably to [her] on appeal”’ is likely to result in a reversal or new trial.
“Holmes was once a wunderkind of Silicon Valley — the young, female founder of a promising start-up that pledged to make health care more affordable and less painful for the masses. Theranos, which Holmes founded while still a student at Stanford University, created a blood-testing device that was purported to have the capability to run a multitude of tests from just a few drops of blood.”
Additional reading:
The Washington Post, December 7, 2022: Elizabeth Holmes’s ex-Theranos partner gets nearly 13 years in prison
BBC, March 17, 2023: The prison experience Elizabeth Holmes is desperate to avoid
Insider, April 12, 2023: Elon Musk said he dresses his Shiba Inu, who he says is the CEO of Twitter, like Elizabeth Holmes
