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For the past 11 weeks, prosecutors unveiled email messages from desperate traders. They held up falsified files facet-by-side with the originals. They named dozens of witnesses who lobbed accusations of deceit and evasiveness.
And on Friday, following questioning their 29th witness, prosecutors concluded their arguments in opposition to Elizabeth Holmes, the founder of the unsuccessful blood tests start off-up Theranos. Ms. Holmes has pleaded not responsible to 11 counts of defrauding buyers more than Theranos’s technology and business enterprise, in a situation that has been billed as a referendum on Silicon Valley’s start off-up culture.
The prosecution’s resting its situation is a main turning level in the demo of Ms. Holmes, whose increase and fall captivated the public and who has been held up as a image of the tech industry’s hubris and the final decade’s tradition of grift. Read through THE Posting →
