Theranos, Inc. founder Elizabeth Holmes was sentenced to 135 months in prison on Friday.
Prosecutors had sought a 15-year sentence, three years of supervised release, and more than $800 million damages, the Wall Street Journal reported. Holmes, 38, had asked for home confinement, community service, and a max of 18 months in prison.
“I stand before you taking responsibility for Theranos,” Holmes told the court before her sentencing “I loved Theranos. It was my life’s work… I regret my failings with every cell of my body.”
U.S. District Judge Edward Davila postponed a ruling on the amount of restitution Holmes would pay, though the judge found the reasonable total loss to investors to be $121 million, Seeking Alpha reported.
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