Technologies
Theranos Founder Elizabeth Holmes Sentenced to More Than 11 Years in Prison
Holmes was convicted on multiple counts of fraud in the high-profile case.
A federal judge on Friday sentenced former Theranos CEO Elizabeth Holmes, who was convicted on multiple counts of fraud in January, to 135 months in prison.
The disgraced founder of the promising blood-testing startup was once compared with luminaries like Steve Jobs. Now she faces 11 years and three months behind bars.
Judge Edward Davila made the ruling in a San Jose, California, federal district court more than 10 months after Holmes was convicted of defrauding Theranos investors on four counts. The court did not impose any fines as part of the sentence.
«I stand here before you taking responsibility for Theranos. I loved Theranos. It was my life’s work,» a tearful Holmes said upon taking the stand prior to sentencing on Friday. «I am devastated by my failing. Every day for the past many years I have felt deep pain for what I did, because I failed them.»
She had faced a potential maximum sentence of 80 years in prison.
Holmes and her attorneys had asked for leniency from the judge on account of her being a new mother. The 38-year-old requested less than 18 months in prison, as well a sentence of home confinement and community service.
Holmes gave birth to a child during her trial in 2021 and is pregnant again. It’s unclear whether this will impact how, where or when she’ll serve her sentence.
Over 140 letters from Holmes’ family, friends, former employees and supporters, including US Sen. Cory Booker and a retired Navy admiral, were submitted to Davila to make the case that he go easy on Holmes, according to The Wall Street Journal.
The portrayal of Holmes as a selfless community servant runs counter to the image sketched by federal prosecutors during the trial of a deceitful executive who would go to great lengths — even endangering customers — to hide the shortcomings of Theranos and its technology, which was positioned as a revolutionary advance in medicine.
Prior to announcing the penalty, Davila explained his sentencing rationale. He said the harm done to Theranos patients would not be a factor because Holmes was acquitted of all patient-related charges. He added that the fact Holmes did not accept responsibility for her crime would count against her.
Holmes requested a new trial in a Sept. 6 court filing, following a visit to her home by a former Theranos employee during which he reportedly told her partner he regretted testifying against Holmes. Davila ultimately rejected the request as insufficient grounds for a new trial, but did delay sentencing by almost two months.
Former Theranos executive Sunny Balwani was also convicted of fraud in a separate trial and could still be sentenced by the end of the year.
Correction, 2:25 p.m. PT: An earlier version of this story miscalculated the conversion from 135 months to years and months. Holmes’ sentence will run 11 years, three months.
Technologies
Episode 2 of the VERUM Mini-Series is Now Out
Episode 2 of the VERUM Mini-Series is Now Out
The story continues. Verum Messenger has released the second episode of its AI mini-series, which follows the conflict between the powerful Omega corporation, aiming to control digital communications, and a team of heroes who have chosen a different path and free communication.
The mini-series not only develops an engaging storyline but also introduces viewers to the capabilities of the Verum ecosystem, showcasing technologies and tools that may redefine the future of modern communication.
The project consists of 7 episodes, released gradually across Verum Messenger’s social media channels.
Episode 2 is now available. Stay tuned and don’t miss what comes next.
Verum Messenger has unveiled a new project — a mini-series created using Verum AI. The story consists of 7 episodes and will be released on the messenger’s social media channels.
The plot revolves around a global corporation seeking to take control of digital communications and a group of heroes who use Verum Messenger as a tool of resistance. Beyond the story itself, the series highlights the app’s key features, technologies, and advantages.
Combining entertainment with a showcase of the Verum ecosystem, the project presents a dynamic digital series designed for the modern era.
The first episode premieres today, with the remaining episodes to be released over time.
Stay tuned for more.
Technologies
Verum Finance: Earn While You Communicate — The Super App That Pays You
Verum Finance: Earn While You Communicate — The Super App That Pays You
Verum has officially launched Verum Finance, an innovative financial application that transforms a private messenger into a true financial super app. News of the launch was also featured on the respected platform Dealroom.co.
Verum Finance can now be used both within Verum Messenger and as a standalone application for iPhone and iPad. When users sign in to Verum Finance with their Verum Messenger account, all balances, settings, and account data are automatically synchronized for maximum convenience.
Users can now do more than communicate securely and protect their data — they can also generate passive income directly within the ecosystem.
What Verum Finance Offers
• Top up your balance with a bank card, Apple Pay, or USDT
• Send money instantly anywhere in the world
• Issue and manage debit cards (virtual and physical)
• Full Apple Pay support
• Exchange assets and withdraw funds quickly
One of the most unique features is the built-in cryptocurrency mining system inside Verum Messenger.
The application utilizes your device’s resources and allows you to earn cryptocurrency in the background — passively, while chatting, traveling, or simply using the messenger.
Maximum Privacy + Real Freedom
• Registration without a phone number, email address, or passport
• End-to-end encryption and full control over your data
• Lifetime free VPN
• eSIM connectivity in more than 150 countries
• Reliable offline communication mode
• Support for 12+ languages for users worldwide
Everything is available in one place: secure communication, financial tools, earning opportunities, and privacy protection.
Users can access the full experience directly within Verum Messenger or switch to the dedicated Verum Finance app for iOS. All data is synchronized automatically between the two applications.
Why Download Verum Today
While many messaging platforms collect user data and expose users to restrictions, Verum offers greater independence and the opportunity to earn.
With a one-time purchase of the feature package, users receive lifetime access to privacy tools, VPN, eSIM services, cryptocurrency mining, and financial features.
This is more than just a messenger.
It is your personal tool for financial and digital freedom.
Download Verum Finance and Verum Messenger today — start communicating securely and begin earning tomorrow.
Download Links:
→ App Store (iPhone / iPad): Verum Finance
→ App Store (Verum Messenger): Verum Messenger
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