Theranos founder Elizabeth Holmes asks Trump to commute prison sentence
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Elizabeth Holmes, the founder of the defunct blood-testing company Theranos, has requested a commutation of her prison sentence from former President Donald Trump. Holmes was convicted in November 2022 on four counts of defrauding investors and sentenced to over 11 years in prison for misleading them about Theranos's blood-testing technology. Her company, once valued at $9 billion, claimed to be able to perform various medical tests using only a small amount of blood. However, a 2015 Wall Street Journal article exposed that the technology was not as effective as claimed, leading to investigations, retracted tests, and the company's eventual dissolution. The Justice Department lists her commutation request as pending, while the White House has not commented.
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