Elizabeth Holmes

Theranos founder Elizabeth Holmes has asked President Donald Trump to commute her sentence, seeking to cut short nearly six years of her 11-year prison term for defrauding investors in her once-promising blood-testing startup. Elizabeth Holmes Files Clemency Request Holmes, 37, submitted a request...

An X account allegedly belonging to imprisoned fraudster and former Theranos CEO Elizabeth Holmes commented on Saturday about Bitcoin's (CRYPTO: BTC) recent price crash. Why Is Holmes Posting About Bitcoin? Holmes’ rumored account shared a post, expressing confusion over the panic-driven...

The dream of Theranos for finger-prick blood tests is now a reality, thanks to the efforts of rival companies. In Austin, Texas, people who fear needles can now undergo routine medical tests using just a few drops of blood from their fingertips. What Happened: Firms like Becton Dickinson and Babson...

The long-awaited sentencing for cryptocurrency fraudster and FTX co-founder Sam Bankman-Fried was announced Thursday, Match 28, by Judge Lewis A. Kaplan. Bankman-Fried, 32, was found guilty of fraud charges related to his actions at FTX and Alameda Research. He received 25 years in prison. The...

Convicted founder of electric truck maker Nikola Corp (NASDAQ:NKLA) Trevor Milton, is reportedly making a bid to avoid jail time, with his legal counsel asserting that Milton’s case doesn’t align with that of Theranos founder Elizabeth Holmes, who was also convicted for fraud. What...

The history of finance is riddled riddled with tales of ambition gone awry, leading to some of the most significant scandals that have rocked the industry's foundations. As FTX founder Sam Bankman-Fried gears up for his court testimony, let's trace back to some monumental controversies...

Silicon Valley's infamous biotech entrepreneur Elizabeth Holmes began serving an 11-year sentence in a Texas federal prison this week, marking what looks like the final act of Theranos' dramatic downfall. Her company promised revolutionary blood-testing technology that was ultimately revealed to be...

Tainted Theranos founder Elizabeth Holmes started an 11-year sentence in a federal prison in Texas this week. The news triggered memories of her once being celebrated as a visionary, including by CNBC’s “Mad Money” host Jim Cramer. Total Recall: Redditors...

A new documentary from one of the biggest names in the film industry will center on the life of Elon Musk. Here’s a look at the details of the film and the person behind it. What Happened: As the CEO of Tesla Inc (NASDAQ: TSLA), Twitter and SpaceX, Musk is one of the most widely watched...

Theranos founder Elizabeth Holmes received an 11-year sentence in prison on Friday, Nov. 18, following her conviction for defrauding investors. What Happened: Judge Edward Davila sentenced the disgraced entrepreneur to 135 months, plus a fine of $400, or $100 for every count of fraud. Restitution...

The CEO of one of the largest cryptocurrency platforms shared his take on the collapse of Terra (CRYPTO: LUNA) and the stablecoin TerraUSD (CRYPTO: UST) associated with it. What Happened: In a Twitter Inc (NYSE: TWTR) thread, FTX co-founder and CEO Sam Bankman-Fried shared that “not all bad...

Benzinga debuted a new show on its YouTube channel Friday. The show will air every Friday and recap the top events of the week for stock traders. Here are the top ten stock market moving headlines of the past week. 10: Tesla Fourth Quarter Deliveries: Electric vehicle giant Tesla Inc (NASDEQ:TSLA)...

The government is now questioning Holmes's lawyers why their legal draft didn't address the mental health defense they've been appealing to earlier. What Happened: In Elizabeth Holmes' trial, for her fraudulent business practices at the blood-testing startup...

A California judge has postponed Elizabeth Holmes’ criminal trial date to July 13, 2021. What Happened: Due to the surge in the coronavirus cases in the state of California, U.S. District Judge Edward Davila set a new date for the former Theranos CEO.  The judge cited the...

Elizabeth Holmes, the former CEO of Theranos, wants to block information on her previous income and “luxurious” spending from being revealed in court, CNBC has reported. What Happened: Holmes’ defense attorneys filed a motion to exclude reports showing her earnings...