On January 3, local time, a U.S. federal jury ruled that Elizabeth Holmes would face up to 20 years in prison and a fine of $250,000 (about 1.6 million yuan).
Prosecutors said Holmes deceived investors in 2010-2015 into believing that with a few drops of blood on the tip of their fingers, a series of tests could be performed through a small instrument to detect the disease.
According to the indictment, Holmes was charged with nine counts of telecommunications fraud and two counts of conspiracy to commit telecommunications fraud, four of which were convicted and four were not convicted. The other three counts have not yet been decided due to the difficulty of the jury reaching a consensus on that day.
As early as August 31, 2021 local time, 37-year-old Holmes appeared in a court in California, when the media predicted that the entire trial process could last 13 weeks. Multiple witnesses will testify throughout the trial, and Holmes and Barwani (his ex-boyfriend) will be tried separately, but neither of them pleaded guilty at the time.
Elizabeth Holmes was the founder of Syranos, the unicorn company known as Silicon Valley's most commercially valuable company. The company claims to have the world's most revolutionary blood testing technology, which only needs to collect a few drops of blood from the fingertips to quickly detect whether a person has cancer, diabetes and other diseases.
This "epoch-making" technology swept Wall Street in 2014, various investments poured in, the company's valuation swelled to 9 billion US dollars, and Holmes himself was also dubbed the "female version of Jobs" by the outside world, ranking among the top 400 richest people in the United States.
It is reported that behind Syranos, there is a huge and luxurious lineup of board members - former US Secretary of State George Schultz, Henry Kissinger, media mogul Rupert Murdoch, Oracle founder Larry Ellison, legendary venture capitalist Donald Lucas and so on.
In 2015, after the EXPOSURE OF THE US MEDIA, the myth of "blood test for cancer" was shattered, and the test results of AIDS, cancer and other diseases issued by Siranos to a large number of patients were not accurate.
Subsequently, Holmes was exposed that she dropped out of Stanford University at the age of 19, had no medical background, and after founding the Silanos company, she used various means to force employees to sign confidentiality agreements and hire a team of talented lawyers to escort them.
In 2016, Syranos' blood test license was revoked, and Forbes directly cleared Holmes's value;
In 2018, Holmes and ex-boyfriend Balwani were charged with "mass fraud" by the SEC, and in September of the same year, Syranos collapsed and dissolved.
Holmes' story was later written by author John Carreru as a nonfiction work Bad Blood.