Former Theranos COO Sunny Balwani sentenced to nearly 13 years in prison

TL;DR

Former Theranos chief operating officer and president Ramesh "Sunny" Balwani was sentenced to nearly 13 years in prison Wednesday for fraud, after the unraveling of the blood-testing juggernaut prompted criminal charges in California federal court against both Balwani and Theranos founder Elizabeth Holmes, who on Nov. 18 was sentenced to more than 11 years in prison.During the sentencing hearing, attorneys for Balwani attempted to pin the blame on Holmes, telling U.S. District Court Judge Edward J. Davila that "decisions were made by Elizabeth Holmes."Balwani and Holmes, former romantic partners, helmed Theranos as the company enjoyed a meteoric rise, attracting backers ranging from the DeVos family to news magnate Rupert Murdoch.It was one of Murdoch's publications, The Wall Street Journal, that first reported on irregularities with Theranos' purportedly revolutionary blood-testing machines.With a star-studded investor list, a captivating founder who drew comparisons to Apple's Steve Jobs, and a potentially revolutionary technology, the company for a time represented the apex of Silicon Valley ingenuity."

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