The Theranos founder isn't scheduled to be released from prison until 2031.
This tracks.
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Records reveal Theranos co-founder Elizabeth Holmes will spend less time at the minimum-security prison camp in Texas.
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Holmes once boasted a personal fortune of $4.5 billion as head of Theranos. She claims she has now no assets, despite being married to a luxury hotel heir.
The former Silicon Valley tech darling officially checked into prison Tuesday following charges related to her infamous blood-testing company.
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The beginning of Holmes's 11-year prison sentence has been indefinitely delayed as the former Theranos CEO appeals the conviction in California federal court.
The U.S. District Judge said that Holmes has not presented new evidence that could lead to her appeal actually resulting in a reversal or new trial.
The new filing also claimed the court had the Theranos founder's passport, and that it’s been expired for years.
In court documents, prosecutors say the disgraced Theranos founder should go to prison instead of live at an expensive estate while she appeals her conviction.
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Once the extradition happens, he’ll likely be arraigned rather quickly, though a full court battle could be years in the future.
Balwani was there from the very beginning, working alongside Elizabeth Holmes to lie about miraculous blood testing kits that didn't work.
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A district judge proposed Holmes be sent to a Texas prison camp to serve out her 135 month sentence.
