Theranos founder Elizabeth Holmes faces closing arguments

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What to find out about Theranos and Elizabeth HolmesElizabeth Holmes, the founding father of Theranos who rocketed to fame almost a decade in the past, is accused of deceptive buyers and sufferers in regards to the functionality of her firm’s blood-testing expertise.Holmes is on trial for 11 counts of wire fraud and conspiracy to commit wire fraud. She has pleaded not responsible.Her protection legal professionals have argued that she acted in good religion whereas operating Theranos.On the stand, Holmes revealed a cornerstone of her protection: that her former associate and the corporate’s president had allegedly abused and managed her.Whereas Theranos might need collapsed, however different blood diagnostic start-ups are nonetheless elevating money.

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