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Theranos founder Elizabeth Holmes must report to prison on May 30 and pay victims $452M

Theranos founder Elizabeth Holmes must begin serving her prison sentence by May 30 while she appeals her conviction on charges of defrauding investors in her failed blood-testing startup, a federal judge ruled Wednesday.

Driving the news: U.S. District Court Judge Edward Davila issued the order after the United States Court of Appeals for the Ninth Circuit on Tuesday rejected Holmes' request to remain on bail as she appeals the case.


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