Theranos Elizabeth Holmes to be Released from Prison Early

Elizabeth Holmes, the former CEO of Theranos, is set to be released from prison two years early. Holmes was sentenced to 11 years and three months in prison in 2022, but her sentence was reduced to nine years on Tuesday. There are a few reasons why Holmes' sentence was reduced, including her good behaviour in prison and the fact that she has a young child.

Jul 12, 2023 - 11:37
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Theranos Elizabeth Holmes to be Released from Prison Early
usnews

Elizabeth Holmes, the former CEO of Theranos, is set to be released from prison two years early.

Holmes was sentenced to 11 years and three months in prison in 2022 for defrauding investors in the failed blood-testing startup. However, her sentence was reduced to nine years on Tuesday, and she is now scheduled to be released on December 23, 2032.

There are a few reasons why Holmes' sentence was reduced. First, she has been a model prisoner, completing all of her assigned tasks and earning the trust of the prison staff. Second, she has a young child, and the judge felt that it would be in the best interests of the child for Holmes to be released early.

Holmes's early release is likely to be met with mixed reactions. Some people may feel that she is getting off too easy, while others may believe that she has already served enough time. Ultimately, it is up to the judge to decide whether or not Holmes' sentence was appropriate.

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