The rise and fall of Theranos: A timeline

The rise and fall of Theranos: A timeline

2 years ago
Anonymous $0BkBa0cUPa

https://www.eastbaytimes.com/2022/07/08/the-rise-and-fall-of-theranos-a-timeline/

Four years after the top two Theranos executives, Elizabeth Holmes and Ramesh “Sunny” Balwani, were first indicted together on a dozen federal fraud charges stemming from their time heading up the failed blood testing startup, both have been convicted by juries.

Holmes, the founder and former CEO of Theranos, was found guilty on four out of 11 federal fraud and conspiracy charges in January after a months-long trial. Balwani, Theranos’ former president and COO who was also Holmes’ live-in boyfriend at the time, was found guilty on Thursday of ten counts of federal wire fraud and two counts of conspiracy to commit wire fraud.