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Therano's founder Elizabeth Holmes will go to the test next summer



Elizabeth Holmes, the terrible founder of Blood Testing Theranos, will officially go to trial in San Jose next year, according to US District Judge Edward J. Davila in the Northern District of California.

Federal prosecutors accused Holmes and the company's former president and COO, Ramesh "Sunny" Balwani last summer, charging the couple with two tons of conspiracy to commit wire scams and nine counts of fraud. The couple are over 20 years in prison and a hundred thousand dollars in fines. According to TechCrunch the experiment will begin in August 2020, with the selection of the jury from July 28, 2020. The Wall Street Journal also reports that prosecutors have collected millions of pages of documents, and that the defense has complained about the amount being presented and that WSJ its original reporting could have had an unfair influence on how the governmental authorities approached the company.

Holmes founded Theranos in 2003, claiming that it had developed a device to perform hundreds of tests from a single drop of blood. Holmes was able to get hundreds of millions of dollars from investors, but in 201

5, The Wall Street Journal reported that the company's allegations were lies, and that Holmes and others in the company had covered results to conceal it technology did not work. The report led to a major setback against the company, which resulted in closing the laboratories in 2016 and closing down completely last year.


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