Elizabeth Holmes Won’t Report to Prison Today After All

Afterbeing convicted of telegram fraud for her dealings with her failed blood startup Theranos , Elizabeth Holmes has white - knuckle herself to freedom for just a piffling moment longer . A last minute legal filing on Tuesday has delayed her 11 - year prison condemnation , which was expected to begin today .

According toCNBC , Holmes ’ effectual team appealed to the U.S. Ninth Circuit Court of Appeals in San Francisco arrogate that U.S. District Judge Edward Davila ’s sentencing of the former chief executive officer was riddled with mistake . Holmes ’ squad further argued that she should stay free while she appeals the conviction . The Union government now has 10 day to respond to the appeal . Davila sentenced Holmes to over 11 eld in prison in November 2022 , and the disgraced Theranos CEO was schedule to begin her sentence today .

AsInsiderpoints out , Ninth Circuit Court rein State Department , “ If the appellant is on bail bond at the time the move is filed in this Court , that bail will stay in effect until the Court rules on the motion . ” Holmes is currently on bail bond , meaning that her prison reporting appointment has been indefinitely delayed while the royal court rules on this current appeal .

Holmes appeared in San Jose federal court on November 18, 2022.

Holmes appeared in San Jose federal court on 7 March 2025.Image: Justin Sullivan (Getty Images)

Earlier this calendar month , Holmes and her counselor seek to push her prison house reporting particular date while she attract her sentencing . However , harmonize to court documents filed at that time , Davila denied Holmes ’ Motion for Release Pending Appeal . Holmes argue in her appeal that the product she promoted through fail biotech startup Theranos were not faulty , while the court argues that this does not come up to why Holmes was convicted , which is for several counts of wire fraudulence .

Holmes base Theranos as a startup in 2003 after she unload out of Stanford during her undergraduate pedagogy . Holmes touted the company ’s power to test a patient role ’s descent with a single drop using the companionship ’s proprietary engineering science . The party eventually close after whistle blower from within Theranos slant journalists at The Wall Street Journal in 2015 , take that the company ’s stock - testing technology did n’t work at all .

After a lengthy legal battle , Holmes was eventually find guilty on four counts of wire fraud and conspiracy to commit conducting wire fraud against Theranos investors , as reported byThe Wall Street Journal .

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