Elizabeth Holmes (Elizabeth Holmes), founder of blood test startup Theranos, has been convicted of

Elizabeth Holmes (Elizabeth Holmes), founder of blood test startup Theranos, has been convicted of several charges Elizabeth Holmes, the founder of blood-testing startup Theranos and one-time billionaire and the darling of Silicon Valley, has been found guilty of four charges in her criminal fraud trial. The jury of eight men and four women found Elizabeth Holmes handed down the guilty verdict after three months of proceedings and testimony from 32 witnesses. U.S. District Court Judge Edward Davila will sentence Holmes at a later date. The case is about false statements made to investors, false statements made to patients.” We’ve been covering Theranos since August 218 when the company shut down after losing nearly $1 billion in investors’ money. Holmes founded Theranos in 23 after dropping out of Stanford University. The company was previously named “Real-Time Cures.” She later changed after deciding that too many people were dubious about the word “cure.” At its peak, Theranos was valued at $1 billion and made Holmes a Silicon Valley star at the age of 19.