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Elizabeth Holmes gives birth to second child

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SAN JOSE, CALIFORNIA - NOVEMBER 18: Former Theranos CEO Elizabeth Holmes on November 18, 2022 in San Jose, California. Holmes appeared in federal court for sentencing after being convicted of four counts of fraud for allegedly engaging in a multimill Theranos founder Elizabeth Holmes has given birth to her second child, court documents filed last week by the disgraced entrepreneur's defense team revealed.Holmes' attorneys cited the baby's birth in their latest request for a federal judge to allow her to remain out of prison while she appeals her federal fraud convictions, arguing in part that she is not a flight risk because of her close family ties.In pleading for U.S.

District Judge Edward Davila to grant her release pending appeal, Holmes' lawyers wrote that she "has two young children and family support in the United States, and her bail is secured by her parents' only home."SAM BANKMAN-FRIED HIT WITH FRESH INDICTMENT, MORE CHARGESJudge Davila oversaw the trial that resulted in Holmes' conviction last year on three charges of wire fraud and one conspiracy charge, after a jury found she criminally deceived investors through false claims that her company's blood-testing technology could diagnose diseases with just a few drops of blood.A federal judge on sentenced disgraced Theranos CEO Elizabeth Holmes to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing.

Holmes, who was CEO throughout the company’s turbulent 15-year history, was convicted in January in the scheme, which revolved around the company’s claims to have developed a medical device that could detect a multitude of diseases and conditions from a few drops of blood.

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