Theranos founder Elizabeth Holmes guilty in fraud trial

Elizabeth Holmes and partner Billy Evans
Photo credit: Nick Otto | AFP

What you need to know:

  • Her case shone a spotlight on the blurred line between the hustle that characterizes the industry and outright criminal dishonesty.
  • The 37-year-old now faces the possibility of 20 years behind bars for each conviction.

Fallen US biotech star Elizabeth Holmes was convicted on Monday of defrauding investors in her blood-testing startup Theranos, in a high-profile case seen as an indictment of Silicon Valley culture.

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