Theranos founder Elizabeth Holmes, who was convicted of conspiring to defraud investors in her now-defunct blood-testing startup, has asked President Donald Trump to commute her prison sentence, potentially cutting nearly six years off her time behind bars.
Holmes was convicted in 2022 of four counts of wire fraud and conspiracy and sentenced to just over 11 years in prison. Prosecutors said Holmes lied to investors from 2010 to 2015 by promising that Theranos’s technology could run many medical tests on one blood drop from a finger prick. A federal appeals court upheld her sentencing last year, citing sufficient evidence of intent to defraud.
