https://arstechnica.com/tech-policy/2022/01/elizabeth-holmes-found-guilty-on-4-of-11-charges/

Elizabeth Holmes was convicted today of two counts of criminal wire fraud and one count of criminal conspiracy to commit wire fraud. The jury delivered its verdict after six days of deliberation.

The government’s victory in the case is a rare rebuke for tech startups, which often pitch investors on their technological prowess and business acumen using wildly optimistic assumptions.