Latest / Money, Trust and Deception
The Blood Test That Never Worked
Theranos promised hundreds of blood tests from a single drop and reached a nine billion dollar valuation, with a board of former Secretaries of State and generals and a deal to put testing centers inside Walgreens. The machine never worked. Laurent follows the staged demonstrations, the prestige board that asked no questions, the patients who received wrong results, and the trial that ended it. Legal status: Elizabeth Holmes was convicted on January 3, 2022 on four counts of wire fraud and conspiracy related to defrauding investors, acquitted on four patient counts; sentenced November 18…
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