• Theranos founder, Elizabeth Holmes, has been sentenced to 11 years and three months after defrauding investors in her defaulted blood-testing startup.  Theranos, once valued at $9B, claimed to replace traditional labs with compact blood testing machines envisioned for use in homes, drugstores and even on the battlefield.
• Holmes had misrepresented Theranos' advanced technology and finances. The company covertly relied on conventional machines from other companies to run patients' tests. Forbes had also labeled Holmes as the world's youngest female self-made billionaire in 2014. 
• While prosecutors pushed for a 15-year sentence, the defense argued she should face a maximum sentence of 18 months.