Elizabeth Holmes Is Convicted of Conspiracy to Defraud Investors and Wire Fraud - A Key Component of Her Trial Defence in Silican Valley.

elizabeth holmes found guilty of conspiracy to defraud investors and three counts of wire fraud. Holmes could potentially face decades in prison, though a much more lenient sentence is expected. Big names in silican valley have tried to separate themselves from any connections to the company or her actions. But when the wall street journal first began exposing the lies behind taranos, some of the biggest tech investors initially rush to defend the company. It turned out that teranos never did any meaningful business with the military, and its proprietary devices could not perform the testsHolmes had claimed to investors.