Update (1415ET): U.S. District Judge Edward Davila just sentenced Elizabeth Holmes, the criminal founder of Theranos convicted of fraud, to 135 months, or 11.25 years, in prison, capping the historic downfall of what the media and the Clinton Foundation unabashedly dubbed as a "one-time Silicon Valley wunderkind."
Prosecutors had asked the judge for a 15-year sentence, while Holmes' defense attorneys had asked for 18 months of house arrest.
Update (1415ET): U.S. District Judge Edward Davila just sentenced Elizabeth Holmes, the criminal founder of Theranos convicted of fraud, to 135 months, or 11.25 years, in prison, capping the historic downfall of what the media and the Clinton Foundation unabashedly dubbed as a "one-time Silicon Valley wunderkind."
Prosecutors had asked the judge for a 15-year sentence, while Holmes' defense attorneys had asked for 18 months of house arrest.
Ms. Holmes has 14 days to appeal her conviction.