Theranos founder Elizabeth Holmes testifies in her own criminal trial
https://techcrunch.com/2021/11/23/theranos-founder-elizabeth-holmes-testifies-in-her-own-criminal-trial/
One of the biggest mysteries in former Theranos founder and CEO Elizabeth Holmes’ high-profile fraud trial was whether or not she would testify. So it was a shock late Friday afternoon when the Stanford dropout took the stand, eleven weeks after the trial began. Now that the prosecution has rested its case — questioning witnesses like former US Secretary of Defense James Mattis, whistleblower Erika Cheung, Theranos patients, investors, medical professionals and journalists — Holmes is telling her side of the story under oath, her defense aiming to build the case that she did not knowingly defraud her investors.
The former Silicon Valley hotshot faces two counts of conspiracy to commit wire fraud and nine counts of wire fraud. If convicted, each count could land her up to 20 years in prison.