. Silicon Valley’s biggest fraud is on trial « JO LEE MAGAZINE

Axios – Jury selection begins Tuesday in the criminal trial of Elizabeth Holmes, the disgraced founder and former CEO of Theranos.

Theranos billed its tech as the holy grail of blood testing, making it possible to run hundreds of assays from just a pinprick.

But a series of exposés by the Wall Street Journal’s John Carreyrou revealed that Theranos’ tech didn’t work as advertised, secretly used commercially available blood analyzers, and falsified information shared with regulators. Since then, Holmes and the company have been sued by investors, Walgreens and the SEC.

Uncover more on Theranos at Axios.

Comments are closed.