Jan 21, 2026
SAN FRANCISCO (KRON) -- Elizabeth Holmes, a convicted fraudster and Silicon Valley's notorious ex-tech CEO, wants a get-out-of-jail free card from President Donald Trump. The former CEO of Theranos filed a clemency petition asking for the remainder of her federal prison sentence to be thrown out, according to the U.S. Department of Justice's Office of the Pardon Attorney. In the petition filed last year, Holmes is seeking an early release from Federal Prison Camp Bryan in Texas. The clemency case's status is currently listed as "pending." U.S. District Judge Edward Davila, who presided over Holmes' 2022 fraud trial in San Jose, sentenced her to serve 11 years in prison. She gave birth to her second child shortly before she began serving her sentence in May of 2023. Ex-Theranos CEO Elizabeth Holmes leaves a federal courthouse in San Jose on March 17, 2023. (Photo by Philip Pacheco /Getty Images) Holmes, now 41 years old, has served less than three years so far in prison. The Stanford University dropout was once a star in Silicon Valley’s biotech industry and America’s youngest self-made billionaire. She claimed Theranos invented technology that could run blood tests with just a few drops of blood. Whistleblowers alerted investigators to major problems in the blood lab. Secretive Theranos blood lab was a ‘disaster zone,’ texts reveal During the trial, prosecutor Jeffrey Schenk said, "Elizabeth Holmes had a choice to make. She could watch Theranos slowly fail, or she could make a different decision. Holmes made a decision to defraud her investors and patients. That choice was not only callous, it was criminal." A jury found Holmes guilty of defrauding sophisticated investors who poured hundreds of millions of dollars into her blood testing company based on deceptive claims. Elizabeth Holmes (Getty Images) Holmes previously told People magazine that she was wrongfully convicted. "I refused to plead guilty to crimes I did not commit. Theranos failed. But failure is not fraud," she told People. She described life behind bars, away from her family, as "hell and torture." The Office of the Pardon Attorney's website states, "Thousands of clemency applications are submitted to the Office each year. We are committed to timely and carefully reviewing all applications and making recommendations to the President that are consistent, unbiased, and uphold the interests of justice."   ...read more read less
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