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HomeBig DataTheranos founder Elizabeth Holmes takes stand to defend herself in fraud case

Theranos founder Elizabeth Holmes takes stand to defend herself in fraud case

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By Jody Godoy
SAN JOSE, Calif. (Reuters) -Theranos founder Elizabeth Holmes took the stand on Friday to defend herself towards fees of defrauding buyers and sufferers in regards to the now-defunct blood-testing startup as soon as valued at $9 billion.
Holmes, 37, is accused of creating false claims about Theranos, together with that its know-how may run a spread of diagnostic assessments extra shortly and precisely than standard laboratory testing with a drop of blood from a finger prick.
Eradicating her blue masks to testify, Holmes stated that her work at Theranos led her to imagine within the firm’s know-how.
Holmes instructed the jury about early efforts to lift capital, testifying that she had met with Silicon Valley enterprise capitalist Don Lucas, who finally invested in Theranos and have become the chairman of its board.

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