Elizabeth Holmes, the tech founder who was sentenced to 11 years and three months in prison back in 2022 for defrauding investors out of hundreds of millions of dollars with her startup Theranos, is getting moved to a halfway house next summer, according to the New York Times.
The Times cites an FBI letter sent to Holmes’ victims, saying that Holmes will be moved from her current facility, a minimum-security federal prison camp for women outside of Houston, Texas, to the Austin Transitional Center in Del Valle, Texas, on August 23.
Holmes was 19 when she founded the biotechnology startup Theranos in 2003. The startup promoted an idealistic…
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