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Elizabeth Holmes could be freed in five years thanks to the First Step Act, which since 2018 has enabled prisoners to significantly reduce their sentence if they participate in training and behave well in prison.
Theranos CEO Elizabeth Holmes got a sentence shorter than requested by prosecutors but tougher than her team sought.
Holmes, who was CEO throughout the company’s turbulent 15-year history, was convicted in January of the scheme.
She was convicted in January of duping investors in failed startup that promised to revolutionize blood testing, but its technology never worked
Disgraced Theranos CEO Elizabeth Holmes has been sentenced to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit