Disgraced Theranos boss Elizabeth Holmes loses bid to stay out of prison
Disgraced Theranos boss Elizabeth Holmes has been rebuffed in her attempt to stay out of federal prison while appealing against her conviction for the fraud she committed while overseeing a blood-testing scam that exposed Silicon Valley’s dark side.
In an 11-page ruling, US District Judge Edward Davila concluded there was not compelling enough evidence to allow Holmes to remain free on bail while her lawyers try to persuade an appeals court that alleged misconduct during her four-month trial led to an unjust verdict.
