Jury Finds Elizabeth Holmes Guilty, on 4 of 11 Federal Charges.<br />Jury Finds Elizabeth Holmes Guilty, on 4 of 11 Federal Charges.<br />The verdict in the more than three-month trial of the former CEO of blood testing startup Theranos was read out on Jan. 3.<br />The four charges on which she was found guilty all related to defrauding investors.<br />The jurors in this 15-week trial navigated a complex case <br />amid a pandemic and <br />scheduling obstacles. , Stephanie Hinds, U.S. Attorney, via CNN.<br />The guilty verdicts in this case reflect Ms. Holmes' culpability in this large-scale investor fraud, and she must now face sentencing for her crimes, Stephanie Hinds, U.S. Attorney, via CNN.<br />Holmes could be sentenced to up to 20 years in prison and faces fines up to $250,000.<br />Academics say the rare prosecution of a Silicon Valley CEO has important implications, signaling to the tech industry that "fraud cannot masquerade as innovation.".<br />Academics say the rare prosecution of a Silicon Valley CEO has important implications, signaling to the tech industry that "fraud cannot masquerade as innovation.".<br />This is a verdict that should matter not just to Silicon Valley but to the people who celebrate it, invest in it and use <br />its products. , Margaret O'Mara, Tech Historian at University of Washington, via CNN.<br />She was made possible by a Valley business culture that celebrated and encouraged <br />very young, marginally <br />experienced people, Margaret O'Mara, Tech Historian at University of Washington, via CNN.<br />Academics also say that Holmes' actions and her company were not the result of a silo of innovation.<br />She was not just the CEO, she was a very powerful CEO in the Silicon Valley model, Margaret O'Mara, Tech Historian at University of Washington, via CNN.<br />Prosecutor John Bostic stated that Holmes' credibility was intertwined with the tech industry.<br />By attaching herself to these individuals and organizations, <br />she bolstered Theranos' <br />own credibility, , John Bostic, Holmes Prosecutor, via CNN.<br />and by exaggerating those contexts, she caused others to believe that Theranos must have the legitimacy of those <br />other entities, John Bostic, Holmes Prosecutor, via CNN.<br />A mistrial is expected to be declared on three remaining charges over which the jury was deadlocked.<br />A mistrial is expected to be declared on three remaining charges over which the jury was deadlocked
