A US courtroom upheld the convictions of Theranos’ founder Elizabeth Holmes and President Ramesh “Sunny” Balwani on Monday, on fees of defrauding buyers within the failed blood checking out startup as soon as valued at $9 billion.
A 3-judge panel for the ninth US Circuit Court docket of Appeals in San Francisco rejected claims of felony mistakes at their separate trials held in 2022.
A 3-judge panel for the ninth US Circuit Court docket of Appeals in San Francisco rejected claims of felony mistakes at their separate trials held in 2022. Holmes proven in March 2023, above. AP
Holmes observed in jail in Bryan, Texas, in 2023. REUTERS
Holmes, who began Theranos as a faculty scholar and turned into its public face, was once indicted along Balwani, her former romantic spouse, in 2018. The 2 have been sentenced in 2022 to 11 years and 3 months, and 12 years and 11 months, respectively.
![Will Avalanche [AVAX] crash deeper? Why $14.5 toughen is bears’ new goal](https://ambcrypto.com/wp-content/uploads/2025/03/PP-3-AVAX-price.png "Will Avalanche [AVAX] crash deeper? Why $14.5 toughen is bears’ new goal")
