20 15, 10 In June, the investigation report published by the Wall Street Journal questioned Theranos' blood detector and detection method, arguing that this technology was unreliable, and Theranos actually used traditional laboratory equipment from external companies to complete the test. The company was subsequently sued for fraud by investors and its blood test license was revoked by the US government. Finally, the company's business was dissolved in September 20 18. Later, Holmes was accused of fraud and conspiracy for lying about the company's blood testing ability.
On 2021August 3 1, the charges against elizabeth holmes will be tried by law soon. If 12 is convicted of fraud, the 37-year-old will face up to 20 years in prison.
On September 8th, 20021,the criminal case in elizabeth holmes was heard in court, and the lawyers of both the prosecution and the defense made opening statements. Elizabeth holmes faces federal charges that he lied about having revolutionary blood testing technology and cheated patients and investors.