Elizabeth Holmes, founder of Theranos Inc., and husband Billy Evans exit federal court in San Jose, California, U.S., on Wednesday, Sept. 8, 2021. Holmes, 37, faces a dozen fraud and conspiracy counts that could send her to prison for as long as 20 years if shes convicted. Photo: David Odisho/Bloomberg Elizabeth Holmes, founder of Theranos Inc., and husband Billy Evans exit federal court in San Jose, California, U.S., on Wednesday, Sept. 8, 2021. Holmes, 37, faces a dozen fraud and conspiracy counts that could send her to prison for as long as 20 years if shes convicted. (Photo: David Odisho/Bloomberg)

Prosecutors on Wednesday told jurors the story of Theranos founder Elizabeth Holmes is one of a billionaire "lying and cheating to get money" for her failing blood-testing company—a story that began in 2009, when the famed executive was "out of time and out of money."

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Alaina Lancaster

Alaina Lancaster, based in San Francisco, covers disruptive trends and technologies shaping the future of law. She authors the weekly legal futurist newsletter What's Next. Contact her at [email protected]. On Twitter: @a_lancaster3