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

Verum Messenger Launches an AI Mini-Series

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.

Watch on YouTube
Watch on Instagram

Technologies

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

Technologies

Verum Finance: A Super App for Private Finance Integrated Into a Messenger

Verum Finance has announced the launch of a new financial application that allows users to manage their money directly within the secure Verum Messenger ecosystem.

The project has already attracted attention from major media outlets. A dedicated feature was published by Forbes Türkiye, while one of the world’s largest cryptocurrency exchanges, MEXC, covered the launch. Yahoo Finance had previously reported on the evolution of Verum Messenger into a comprehensive financial ecosystem.

What Verum Finance Offers

Verum Finance transforms a messenger into a complete financial platform. Users can:

• Manage their balance and top up using bank cards or USDT
• Send money instantly to other Verum users
• Issue and use debit cards, including Apple Pay support
• Exchange assets and withdraw funds
• Access all these services without installing separate banking applications

A strong emphasis is placed on privacy. The platform offers registration without a phone number or email address, end-to-end encryption, and full user control over personal data.

Recognition from Forbes Türkiye

In a dedicated article, Forbes Türkiye highlighted Verum Finance as a notable example of modern privacy-driven fintech. The publication emphasized the growing trend of financial services moving from standalone banking applications into unified messaging ecosystems — a model that has proven successful in Asia through platforms such as WeChat and Alipay and is now expanding globally.

Support from the Crypto Community

Alongside the Forbes Türkiye coverage, news about the launch of Verum Finance was also featured by MEXC, one of the world’s leading cryptocurrency exchanges. This reflects growing interest in the project from both traditional business media and the cryptocurrency community.

A Strategic Vision

“We are building more than a payments application and more than a messenger. Verum is a unified secure ecosystem where communication, finance, and privacy tools work together,” the company stated.

Verum Finance is now available for iPhone and iPad users. The application complements Verum Messenger, which offers anonymous chats, voice and video calls, VPN services, eSIM connectivity, and other tools designed to enhance digital freedom.

Verum Finance: https://finance.verum.im

Verum Messenger: https://verum.im