New story in Technology from Time: Theranos Founder Elizabeth Holmes Was Just Charged With ‘Massive Fraud.’ Here’s What the SEC Says She Did
On Wednesday, the U.S. Securities and Exchange Commission charged Theranos founder and CEO Elizabeth Holmes and former president and chief operating officer Ramesh “Sunny” Balwani with “massive fraud.” Theranos, a blood testing company, claimed that it could perform a wide-range of laboratory tests using just a finger prick’s worth of blood. The company was founded …