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SAN JOSE, California — Negotiations Trial of Elizabeth Holmes, the founder of blood test startup Theranos, is set to enter their seventh day on Monday by offering jurors a few clues as to how close they may be to a verdict.

The jury, made up of eight men and four women, spent more than 43 hours debating whether Ms. Holmes, 37, pleaded guilty to two counts of electronic fraud and nine counts of electronic fraud. Each fraudulent offense carries a maximum prison sentence of 20 years.

Members of the jury have not asked any questions to the court since December 23. she asked To listen to audio recordings of Mrs. Holmes’ alleged misdirection of investors about Theranos’ business dealings. They also asked them to take home the jury instructions, which the court rejected.

not him unusual lengthy negotiations in white collar cases, especially in complex fraud cases where defendants are charged with multiple charges spanning multiple years. In 2007, a jury took 12 days. prisoner Conrad Black, a press mogul, was scammed after a 14-week trial involving 13 counts. Famous former hedge fund manager Martin Shkreli, convicted Securities fraud following a five-week trial followed by five days of negotiations in 2017.

In Ms. Holmes’ case, the jury must review 14 weeks’ testimony and more than 900 pieces of evidence when deciding whether Ms. Ms. Holmes founded Theranos in 2003. He left Stanford in 2004 and spent the next decade raising nearly $1 billion from investors and signing contracts with Walgreens and Safeway.

But The Wall Street Journal revealed in 2015 that Theranos’ blood testers were only capable of performing a dozen tests, contrary to Ms. Holmes’ more than 1,000 claims to investors, business partners, and the public. Theranos officially shuttered In the middle of the scandal in 2018.

For many, the saga represents the worst excesses of Silicon Valley’s startup culture, where the founders regularly spread the truth in their pursuit of wealth and fame. However, such founders rarely prosecuted.

Prosecutors called 29 witnesses as they sought to prove that Ms. Holmes “preferred fraud over business failure,” as the US attorney general, Jeff Schenk, said. aforementioned during closing arguments.

The defense’s case is primarily Mrs. Holmes’ own statement. HE aforementioned he believed his own claims and pointed his fingers at his senior employees. Ramesh Balwani, her ex-boyfriend and former chief operating officer of Theranos. Facing the same charges, Mr. Balwani is scheduled to stand trial from February.