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Holmes and Balwani's appeal falls flat as court upholds fraud convictions | TechCrunch

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Summary
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79% Informative

Elizabeth Holmes and Ramesh "Sunny" Balwani 's appeals to overturn their fraud convictions and reduce their prison sentences were denied Monday .

Holmes was sentenced to more than 11 years in prison, and his former COO received nearly 13 years .

Both began serving their sentences in 2023 ; the court also refused to soften their $452 million restitution order.

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83

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86

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16

Article tone

informal

Language

English

Language complexity

69

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possibly offensive

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not hateful

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short-lived

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