Elizabeth Holmes Asks Trump for Early Prison Release After Fraud

Disgraced Theranos Inc. founder Elizabeth Holmes has formally asked President Donald Trump to release her from prison with almost six years left to serve on her term.

Holmes asked Trump last month to commute her 11-year sentence for defrauding investors in her blood-testing startup. Her application appeared in a Justice Department database in mid-December, according to archived copies posted on lawyeroyer.com.

After Holmes was convicted in 2022 at a trial in San Jose, California, the judge ordered her in May 2023 to pay $452 million in restitution. If Trump commutes her sentence, she still would owe restitution and remain ...